Domestic market retains strength after fresh gains
Rubber Accelerator remained on an upward trajectory as recent gains extended a firm trend visible across the domestic market. Market participants continue to monitor elevated values following several weeks of improvement.
Indian Rubber Accelerator prices were assessed at Rs 430/kg on June 10, up Rs 10/kg from the previous session and Rs 9/kg from a week earlier. The product has gained Rs 13/kg during the past fortnight and Rs 10/kg over the month. Three-month gains of Rs 150/kg and six-month gains of Rs 155/kg underline the strength of the broader trend. Indian Rubber Accelerator prices are now trading not far from the recent high of Rs 452/kg.
The observed trading range spans from Rs 265/kg to Rs 452/kg. Indian Rubber Accelerator prices continue to hold above earlier support levels, allowing gains to accumulate over time. Rubber Accelerator prices in India remain among the firmer segments of the domestic rubber market, with recent assessments placing the product comfortably above historical lows.
Support remains near Rs 265/kg while resistance is identified around Rs 452/kg. These levels continue to serve as important reference points for buyers and sellers,Domestic Market, Market Strength, Fresh Gains, Price Rise, Market Update, Trading Insights.
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