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NMCE Rubber to continue to trade positive: COIL

13/10/2015 By tran.th

Natural Rubber

Kottayam Spot (Rs/kg) current week

Variety Mon Tue
RSS 4 114.5 115
RSS 5 112 112.5
Ungraded 106 107
ISNR 20 102.5 103
Latex(60% drc) 86.65 87.2

Spot Rubber prices advanced to Rs.107/kg on Tuesday.

NMCE Rubber Nov contract traded positive on bullish sentiment by traders. It is likely to follow the same trend in next trading session as well. Trading range for next trading session is seen between 11600-11950 and sustaining above the same might trade higher.

Indian futures scenario

NMCE Futures (Oct contract, INR)
Day Open High Low Close
Mon 11590 11740 11555 11725
Tue 11690 11770 11645 11730

Tocom (Mar contract Yen/ Kilogram)

Day Open High Low Close
Fri 175.5 176 174.8 175.1
Mon 0 0 0 0
Tue 175 175.2 174.4 174.7

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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