Commodity News
HeadLine : Spot rubber trades flat
Date : Feb 20 2020
Spot rubber continued to remain subdued on Wednesday. RSS 4 declined further to Rs 136.00 (136.50) a kg, according to traders and the Rubber Board. The grade slid to Rs 132.00 (132.50) a kg, according to the dealers. Most traders were hesitant to enlarge their commitments following a weak closing on TOCOM futures. The trend was mixed as RSS 5, ISNR 20 and Latex finished flat in an almost inactive trading session. In futures, the March contracts dropped to Rs 135.93 (137.15), April fell to Rs 138.92 (140.02) and May to Rs 142.23 (143.98) per kg on the Indian Commodity Exchange (ICEX). The near month March contracts were down by 0.89 per cent with a volume of 289 lots and total trade value of 393.89 lakhs.

Source: Business Line
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