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India: NMCE Rubber may witness gains on short covering

08/10/2014 By hau.vt

Natural Rubber
Kottayam Spot (Rs/kg) current week

Variety Tue
RSS 4 121
RSS 5 115.5
Ungraded 106
ISNR 20 105
Latex(60% drc) 84.2

Spot Rubber prices declined to Rs 106/ kg on Tuesday.

Rubber prices at NMCE October contract traded firm on short covering by traders. It is likely to trade firm in next trading session as well on short covering. Trading range for next trading session is seen between 12050-12250 and either side break out will give clear direction to the prices.

Indian futures scenario

NMCE Futures (Oct contract, INR)
Day Open High Low Close
Tue 12130 12150 12075 12145

Tocom (March contract Yen/ Kilogram)

Day Open High Low Close
Tue 180 180.1 179 179.6

– Commodity Online

Filed Under: Global rubber prices reports, News

NEWS

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India: Rubber may remain bearish this week

Fall in rubber price may reflect in domestic market in India

TOCOM rubber hits near 16-month high on weak yen

Vietnam: F.O.B SVR physical prices: November 15, 2016

TOCOM rubber ends up on worries over shortage, weaker yen

Asian physical rubber prices: November 14, 2016

TOCOM rubber tumbles 3.8 pct after touching near 16-mth high

Thailand: Natural Rubber prices: November 11, 2016

TOCOM rubber heads for biggest weekly gain since 2013

Vietnam: F.O.B SVR physical prices: November 11, 2016

TOCOM rubber hits 15-month high on weak yen, firm Shanghai

Indonesia: Natural Rubber Prices on November 10, 2016

Tokyo rubber futures rise to near 6-1/2 month high

Asian physical rubber prices: November 9, 2016

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