Domestic rubber prices end on positive note

The domestic rubber futures ended in green on Thursday. The most energetic June shipping and

The domestic rubber futures ended in green on Thursday. The most energetic June shipping and delivery was up .53 for each cent from Wednesday’s settlement rate to shut at ₹171.fifty for each kg with a volume of 22 lots on the Multi Commodity Trade (MCX).

RSS three (place) recovered to ₹166.59 (164.89) for each kg at Bangkok. SMR 20 enhanced to ₹122.fifty five (119.ninety three) whilst Latex dropped to ₹108.91 (109.forty three) for each kg at Kualalumpur.

The normal rubber agreement for the September shipping and delivery was up a hundred sixty five Yuan (₹1883.34) from earlier day’s settlement rate to shut at thirteen,375 Yuan (₹152,708.fourteen) a tonne with a volume of 386,898 lots in day time investing on Shanghai Futures Trade (ShFE).

The most energetic November futures for RSS3 was down .17% to shut at 240.seven Yen (₹159.96) for each kg with a volume of 172 lots on the Osaka Trade.

Spot rubber prices will be readily available only on Monday and Friday as Kerala proceeds to stay underneath a partial lockdown to preclude the immediate surge of Covid-19 instances in the State.