Commodity Online
KOTTAYAM SPOT (Rupees/KG)
|
Variety |
Today |
Tuesday |
Monday |
|
RSS 4 |
172 |
172 |
171 |
|
RSS 5 |
168 |
168 |
166 |
|
Ungraded |
162 |
162 |
161 |
--Steady trend in spot markets visible
--Supply, demand equation remains unaltered
--Not much of demand from tyre companies
--No rains
--Lack of rains may kill tapping prematurely in December other than the usual end time of January. This can cause for a dip in production by that date.
NMCE FUTURES Rupees/100 KG
|
DECEMBER |
Open |
High |
Low |
Close |
|
|
17347 |
17600 |
17272 |
17530 |
NMCE Warehouse stock: 244 tons as of Tuesday
TOCOM FUTURES Yen//KG
|
MARCH 2013 |
Open |
High |
Low |
Close |
|
|
258.3 |
258.5 |
256.7 |
256.7 |
Rubber NMCE December contract prices traded both sides today on some profit booking and fresh buying sentiments from traders. Good support seen near 17200 level while 17500 is the resistance for the same. Trading above 17500 levels, prices likely would witness upside rally up to 17850 level.
