Natural Rubber Price Today Ended Lower

Natural Rubber Price Today will help you to understand rubber market situation now

Natural Rubber Price Today In Red Zone Due To Over Supply In Markets

Natural Rubber Price Today on July contract with the Indian Commodity Exchange (ICEX) fell 1 per cent to Rs 12,181.00 per 100 kg. The December deal on the Tokyo Commodity Exchange (TOCOM) closed at 156.8 yen (about Rs 108.88) per kg, an increase of 0.7% over the previous close. Price of RSS-4, which is widely traded in Kerala rubber market and Tripura rubber market has been quoted at Rs 121 per kg. One Rupee down over the previous close.

Rubber contracts today at ICEX ended down due to lack of demand from bulk buyers and tyre companies. The concerns over supply in the market have prevented falling the prices sharply. Tapping in major growing regions of Kerala, the largest grower, has caused concern about supply in the market.

Rubber Price Today Evening Update:

Rubber Board Price 
Kottyam, Kochi Terminal Markets 
ICEX Details 
RUBBER Jul20 at 11:30 AM 
Open : 12240 
High : 12350 
Low : 12240 
LTP : 12350 
RUBBER Jul20 at 5:30 PM 
Open : 12240 
High : 12475 
Low : 12240 
CP : 12408 
Other MarketsChange
Crude Oil:$40.11-0.62
Brent Crude Oil:42.7-0.4
What are the factors that can affect natural rubber price today?

Uncertainty about US-China relations after recent developments.
Global Equities are in a mixed performance.
European shares fell more than one percent.
Commodities on the MCX platform have dropped drastically.
Bullion profit in international market declined in booking with Dollars.

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