• Home
  • Contact Us
  • Privacy & Policy
Tuesday, May 24, 2022
Finances Advise
No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
No Result
View All Result
Finances Advise
No Result
View All Result
Home Commodities

Sustained weakness in global markets saps rubber

by admin
March 27, 2021
in Commodities
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Spot rubber finished flat on Friday. According to observers, sustained weakness in overseas markets failed to make any visible impact in domestic rubber prices probably since imports are still costlier when compared with local purchases.

Growers also seemed to be confident to hold on to their stocks as the minimum support price for rubber will be ₹170/kg with effect from April 1.

RSS 4 was quoted steady at ₹169 a kg by traders and the Rubber Board. The grade closed unchanged at ₹164 as per dealers. The transactions were low.

In futures, the April delivery was down 0.17% from Thursday’s settlement price to close at ₹169.37 per kg on the Multi Commodity Exchange (MCX).

RSS 3 (spot) declined to ₹162.75 (164.32) per kg at Bangkok. SMR 20 weakened to ₹122.97 (125.72) and Latex to ₹120.74 (121.08) per kg at Kuala Lumpur.

The most active natural rubber contract for May delivery was down 110 Yuan (₹942.46) from previous day’s settlement price to close at 14,125 Yuan (₹156,605.45) a tonne in day time trading on Shanghai Futures Exchange (ShFE).

Spot rubber rates (₹/kg): RSS 4:169 (169); RSS 5: 166 (166); ISNR20: 155.50 (155.50) and Latex (60% drc): 128 (128).

Tags: bearGlobalKeralalatexMarketsMSPRSS 4rubbersapssheet rubberspot pricesSustainedWeakness
  • Trending
  • Comments
  • Latest

A 48-year market vet warns that the Fed will be forced to tighten policy ‘way sooner’ than investors anticipate as inflation continues to soar — triggering a stock market crash of up to 80%

August 28, 2021
27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

August 9, 2021

‘It’s begging to be destroyed’: A stock trader who says he made more than $100,000 shorting the market during the 2008 crash just bet against the S&P 500 — and warns there’s a ‘fair chance’ stocks are about to drop 25%

September 11, 2021

Stocks tanked in the first quarter, and new research shows there should be a reversal by the end of June

April 15, 2022

Lockheed Martin, Filecoin Foundation to Explore Hosting Blockchain Nodes in Space

0

Uber Hacking: Customers Not at Risk of Financial Crime, Says Minister

0

Black Friday Merchants Look to Extend Moment of Retail Optimism

0

Hotshot Snapchat Founders Face a Dilemma: Lie Low or Live Large?

0

Lockheed Martin, Filecoin Foundation to Explore Hosting Blockchain Nodes in Space

May 24, 2022

Arthur Hayes, ex CEO de BitMEX, es sentenciado a 2 años de libertad condicional

May 24, 2022
FOREX-Dollar near 2-1/2-month lows as commodity gains stoke inflation worries | Business

FOREX-Safe-haven dollar bounces, Aussie slides as Snapchat sours mood | Business

May 24, 2022

Win Streak May Continue For Thai Stock Market

May 24, 2022

Recent News

Lockheed Martin, Filecoin Foundation to Explore Hosting Blockchain Nodes in Space

May 24, 2022

Arthur Hayes, ex CEO de BitMEX, es sentenciado a 2 años de libertad condicional

May 24, 2022

Categories

  • Bitcoin
  • Block chain
  • Business
  • Commodities
  • Ethereum
  • Financial Advisors
  • Forex
  • Investing
  • Litecoin
  • Market Insider
  • Personal Finance
  • Stocks

Site Navigation

  • Home
  • Contact Us
  • Privacy & Policy

We bring the Best and latest Crypto News

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.