Kottayam Spot (Rs/kg) current week
Spot rubber prices declined to Rs 112/ kg on Monday.
Rubber prices at NMCE September contract traded sideways to bearish on selling pressure by traders. It likely to trade down in next trading session as well on selling pressure. Trading range for next trading session is seen between 12530-12700 and either side break out will give clear direction to the prices.
Indian futures scenario
|NMCE Futures (Sep contract, INR)|
Tocom (Feb contract Yen/ Kilogram)