The July series increased to Rs 188.49 (187.18), August to Rs 187.38 (186.12) and September to Rs 186 (184.93) while the November series dropped to Rs 185.25 (186.20) a kg on National Multi Commodity Exchange (NMCE).
The Tokyo rubber futures edged higher on speculative buying as the market found a strong support level at ¥250 but the gains were limited as players remained cautious ahead of the US Federal Reserve’s decision on interest rates.
RSS 3 (spot) slipped to Rs 192.76 (192.95) a kg at Bangkok. The June futures weakened to ¥ 253 (Rs 179.60) from ¥ 254.5 during the day session but then bounced back to ¥ 256 (Rs 181.74) a kg in the night session on Tokyo Commodity Exchange.
Spot rubber rates (Rs/kg): RSS-4: 187 (187); RSS-5: 182.50 (182.50); Ungraded: 177 (177); ISNR 20: 182.50 (182.50) and Latex 60 per cent: 132 (131).
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