Place rubber dipped even further on Monday. Sustained weak point in Shanghai rubber futures continued to solid its shadow above the current market though a continuous maximize in Covid-19 conditions and the absence of domestic prospective buyers retained it underneath strain during the day. The in general volumes have been boring.
RSS4 declined to ₹134.50 (₹135.50) per kg equally at Kottayam and Kochi, according to traders and the Rubber Board. The quality dropped to ₹130.50 (₹131.50) per kg as per dealers.
Natural rubber futures shut lower on the Shanghai Futures Exchange (SHFE) in day-time buying and selling on Monday. In accordance to sources, the most lively January 2021 delivery in the world trendsetter went down by seventy five yuan (₹806.24) to near at 12,465 yuan (₹133,997.22) a tonne.
Place rubber costs (₹/kg) have been: RSS4:₹134.50 (₹135.50) RSS5: ₹130.00 (₹132.00) ISNR20: ₹110.00 (₹111.00) and Latex (60 per cent drc): ₹77.50 (₹78.00).
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