Spot rubber India continues to rule steady

Spot rubber continued to rule steady on Tuesday. RSS 4 was quoted unchanged at ₹131 a kg, by traders. The grade improved to ₹131 (130.50) according to the Rubber Board. The trend was partially mixed as latex 60 per cent firmed up further to ₹86.50 (85.50) on enquiries from the general rubber goods sector. RSS 4 inched up at its August futures to ₹132.40 (132.35) while it’s September futures slid to ₹130.81 (131.26) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) dropped to ₹101.36 (102.26) at Bangkok. July futures declined to ₹99.28 (101.01) on the Tokyo Commodity Exchange (TOCOM)