Rubber futures recovers marginally – The Hindu BusinessLine

Elvera Bartels

The domestic rubber futures recovered marginally on Wednesday. RSS 4 improved at its May futures to ₹110.ten (109.83) and June to ₹110.sixty (108.36) for each kg on the Indian Commodity Exchange (ICEX). The May contracts have been up by .twenty five for each cent with a volume of 90 heaps and overall trade benefit of ₹98.fifty lakh.The Open desire in May was down by practically 30 heaps.

On the global front, SMR20 improved to ₹82.12 (81.46) and Latex sixty% to ₹75.fifteen (73.fifty eight) for each kg at Kuala Lumpur.

Next Post

Sugar mills grappling with low demand, high inventory

The Covid pandemic is envisioned to exert tension on sugar mills’ financial gain thanks to sharp drop in industrial use of sugar, drop in exports and reduce need for sugar derivative ethanol. The running financial gain of 26 Crisil-rated businesses with cumulative financial debt of ₹11,000 crore is envisioned to […]