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Spot rubber skids further on Oct.30

Spot rubber slid further in the absence of genuine buyers on Tuesday. RSS 4 dropped to ₹126.00 (126.50) a kg, according to traders and the Rubber Board. The trend was partially mixed.

November futures slid to ₹123 (124.34) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) weakened to ₹103.03 (103.63) at Bangkok. Its November futures declined to ₹94.84 (95.68) on the Tokyo Commodity Exchange (TOCOM). Spot rubber rates (₹/kg) were: RSS-4: 126 (126.50); RSS-5: 121 (122); ISNR 20: 114.50 (114.50) and Latex (60% drc): 91 (92.50).

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