Domestic rubber prices end on positive note

The domestic rubber futures ended in green on Thursday. The most energetic June delivery was up .fifty three per cent from Wednesday’s settlement value to shut at ₹171.50 per kg with a volume of 22 tons on the Multi Commodity Trade (MCX).

RSS three (place) recovered to ₹166.fifty nine (164.89) per kg at Bangkok. SMR twenty improved to ₹122.55 (119.ninety three) while Latex dropped to ₹108.91 (109.forty three) per kg at Kualalumpur.

The purely natural rubber deal for the September delivery was up 165 Yuan (₹1883.34) from prior day’s settlement value to shut at 13,375 Yuan (₹152,708.14) a tonne with a volume of 386,898 tons in day time investing on Shanghai Futures Trade (ShFE).

The most energetic November futures for RSS3 was down .seventeen% to shut at Yen (₹159.96) per kg with a volume of 172 tons on the Osaka Trade.

Location rubber price ranges will be available only on Monday and Friday as Kerala proceeds to continue to be under a partial lockdown to preclude the rapid surge of Covid-19 conditions in the Condition.