Rubber Price Today, Rubber Market Reports

Rubber Daily Price Kerala 12/04/2018
Rubber RSS4 Kottayam: 119.00
Rubber RSS5: 117.00
Rubber Loose: 113.00
Rubber Lot: 107.00 – 109.00
Rubber scrap: 78.00
Rubber Latex: 80.00
Field Latex: 108.00
Rubber ISNR 20: 107.00

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Market Reports:

No fresh buying inrubber
• Spot rubber made all-round declines in the absence of fresh enquiries on Thursday.
• RSS-4 weakened to Rs.120 (121) a kg, according to traders and the Rubber Board. The grade dropped to Rs.116 (117) a kg, according to dealers.
• In futures, the April contracts concluded at Rs.117.56 (117.78), May at Rs.119.66 (119.53), June at Rs.121.75 (121.88) and July at Rs.122.80 (124.19) on the National Multi Commodity Exchange (NMCE).
• RSS-3 improved at its April futures to Rs.108.51 (106.69) on the TOCOM.
• Spot rubber rates (Rs./kg): RSS-4: 120 (121); RSS-5: 117 (118); ISNR 20: 108 (108.50) and Latex (60% drc): 82.50 (83).
TOCOM ends higheron firm oil prices
• Benchmark Tokyo rubber futures ended higher on Thursday buoyed by firm oil prices, however, gains were curbed by sluggish Shanghai futures and on concerns over high inventories.
• Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, got support as oil markets remained tense on concerns over a military escalation in Syria, although prices were way off Wednesday s late-2014 highs.
• The Tokyo Commodity Exchange rubber contract for September delivery finished 1.1 yen higher at 183 yen (US$1.71) per kg.
• High rubber stockpiles in consumers such as China and Japan weighed on the market.
• Crude rubber inventories at Japanese ports stood at 14,999 tonnes as of March 31, down 0.3% from the last inventory date, data from the Rubber Trade Association of Japan showed on Thursday.
• “The excess rubber stockpiles are piling up the stress on the producers,” said a Japanese trading source.
• The most-active rubber contract on the Shanghai futures exchange for September delivery dropped 65 yuan to finish 11,480 yuan (US$1,828) per tonne.
• The front-month rubber contract on Singapore s SICOM exchange for May delivery last traded at 138.1 US cents per kg, up 0.1 cent.



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