Rubber Daily Price Kerala 17/07/2019
Rubber RSS4 Kottayam: 148.50
Rubber RSS5: 146.00
Rubber Loose: 142.00
Rubber Lot: 125.00 – 128.00
Rubber scrap: 87.00
Rubber Latex: 94.00
Field Latex: 133.00
Rubber ISNR 20: 122.00
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Market Report:
India Rubber: Ends higher on ICEX, tracking spot market, TOCOM cues
By Rahul Dhuri
MUMBAI – Natural rubber contracts rose on the Indian Commodity Exchange, tracking gains in key spot markets of Kerala and due to a rise in benchmark contracts on the Tokyo Commodity Exchange, analysts said.
The most-active August contract on the domestic bourse ended at 14,475 rupees per 100 kg, up 0.2% from Tuesday.
Prices of natural rubber in Kerala’s key spot markets rose due to an ongoing supply crunch in the market amid rising demand from domestic stockists, traders said.
“Production is likely to take a hit due to sharp fall in yield if the monsoon does not pick up,” said a senior official at The United Planters’ Association of Southern India.
