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NMCE Rubber futures up on short covering

25/09/2014 By hau.vt

Natural Rubber

Kottayam Spot (Rs/kg) current week

Variety Mon Tue Wed
RSS 4 123.5 122 121
RSS 5 117 116 115
Ungraded 105 105 105
ISNR 20 105 104.5 104.5
Latex(60% drc) 87.85 87.85 87.35

Spot Rubber prices remain unchanged at Rs 105/kg on Wednesday.

Rubber prices at NMCE October contract traded firm on short covering by traders. This trend is likely to continue in next trading session as well. Trading range for next trading session is seen between 11800-12000 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
Mon 12061 11951 11709 11774
Tue 11701 11850 11600 11831
Wed 11701 11960 11800 11834

Tocom (Feb contract Yen/ Kilogram)

Day Open High Low Close
Mon 184 184.2 183.2 183.9
Tue 184 184.2 183.2 183.9
Wed 183.2 184.1 182.8 183.4

Filed Under: Global rubber market news, News

NEWS

Vietnam: F.O.B SVR Physical Prices: March 7, 2017

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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