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Rubber Daily Price Kerala 14/10/2019

Rubber RSS4 Kottayam:               119.00

Rubber RSS5:                                  117.00

Rubber  Loose:                               115.00

Rubber Lot:                                     110.00-113.00

Rubber scrap:                                75.00

Rubber Latex:                                98.00

Field Latex:                                    133.00

Rubber ISNR 20:                             105.00

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Reports:

India Rubber: Settles higher on ICEX on spot market cues; TOCOM shut

By Rahul Dhuri

MUMBAI – Futures contracts of rubber on Indian Commodity Exchange rose today, taking cues from spot markets of Kerala, traders said. The most active November contract ended at 11,890 rupees per 100 kg, up 0.7% from Friday.

Prices of natural rubber rose in Kerala today due to demand from domestic stockists following a recent fall, said Thaha Mohamed, owner of the Kottayam-based Sara Traders.

The widely-traded RSS-4 variety was sold at 117-118 rupees per kg, up 1-2 rupees from the previous close, traders said. 

Rubber Board data showed it was sold at 120.00 rupees per kg in Kottayam, up 0.50 rupee from the previous level. In Kochi, the price was largely unchanged at 119.50 rupees per kg.

Expectations of a rise in arrivals due to a pick-up in tapping activity limited the rise in prices, said Raju Varghese, owner of the Kottayam-based Polachirayil Traders.

Lack of fresh cues from benchmark contracts on Tokyo Commodity Exchange capped gains on the domestic bourse, analysts said. Prices of rubber on TOCOM were unavailable today as the exchange was shut on account of a public holiday. The bourse will resume trade on Tuesday.

The following table shows today’s closing prices of rubber, in rupees per kg, as detailed by the Rubber Board, and the change in prices, in rupees, compared with the previous close:

OUTLOOK In the coming days, sharp gains are unlikely in prices of natural rubber as tepid demand from tyre makers and a rise in arrivals may offset gains due to renewed demand from domestic stockists, traders said.

Rubber Daily Price Kerala 27/08/2019

Rubber RSS4 Kottayam:               140.00

Rubber RSS5:                                  135.00

Rubber  Loose:                               131.00

Rubber Lot:                                      124.00 – 127.00

Rubber scrap:                                  82.00

Rubber Latex:                                 97.00

Field Latex:                                    137.00

Rubber ISNR 20:                           112.00

For SMS and Whatsapp Rubber Prices please contact  09744344233. 09495989460

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Rubber Market Kerala Today, Rubber Daily Price Kerala Today, Rubber Spot Price Kerala, Rubber Kottayam Price, Rubber Kochi Price, Rubber , Rubber Price Kerala, Rubber Market News, Rubber Board, Rubber Sheet Price, Rubber Latex Price, Pepper Price, Arecanut Price, Cardamom Price, Coconut Price, Kopra Price, Coffee price, Kerala Rubber Market

Market News:

Natural rubber declines on muted demand and low global prices

Kochi: Plummeting global prices and muted demand from tyre makers are driving down the price of natural rubber in India.

The price of RSS-4 variety, used for making tyres, has dropped 7 per cent in a month to Rs 140 per kg. Its equivalent in the global market has become nearly 12 per cent cheaper at Rs 107.78 per kg over the same period.

Experts say domestic prices could fall further in the coming weeks. The September contract for delivery at Indian Commodity Exchange (ICX) hovered around Rs 135 per kg on Monday.

“There is downward pressure on the price,” said Anu Pai, research analyst, Geojit Commodities.

Rubber Daily Price Kerala 21/06/2019

Rubber RSS4 Kottayam:               152.00

Rubber RSS5:                                  148.00

Rubber  Loose:                               14400

Rubber Lot:                                      127.00 – 130.00

Rubber scrap:                                  92.00

Rubber Latex:                                  92.00

Field Latex:                                     130.00

Rubber ISNR 20:                             128.50

For SMS and Whatsapp Rubber Prices please contact  09744344233. 09495989460

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Rubber Market Kerala Today, Rubber Daily Price Kerala Today, Rubber Spot Price Kerala, Rubber Kottayam Price, Rubber Kochi Price, Rubber , Rubber Price Kerala, Rubber Market News, Rubber Board, Rubber Sheet Price, Rubber Latex Price, Pepper Price, Arecanut Price, Cardamom Price, Coconut Price, Kopra Price, Coffee price, Kerala Rubber Market

MARKET NEWS:

India Rubber: Up on ICEX on low supply, demand from tyre

By Rahul Dhuri

MUMBAI – Rubber contracts on the Indian Commodity Exchange ended marginally up today due to supply crunch in the market amid rising demand from tyre makers, traders said. The most-active July contract ended at 15,038 rupees per 100 kg, up 0.2% from Thursday.

Expectation of fall in rubber imports also supported the contracts. According to Rubber Board data, natural rubber imports in 2019-20 (Apr-Mar) are seen falling 14% to 500,000 tn.

However, fall in prices of natural rubber in key spot markets of Kerala and weakness in benchmark contracts on Tokyo Commodity Exchange capped gains in contracts on ICEX, analysts said.