On Wednesday (24 March 2010), the spot rubber prices declined as the domestic rubber futures declined further though there has been no visible selling pressure in main marketing centres. Sheet rubber declined to Rs 153.50 from Rs 154 per kg on buyer resistance.
The April futures for RSS 4 declined to Rs 156.45 (157.13), May to Rs 158.20 (158.85), June to Rs 157.75 (158.54) and July to Rs 157.67 (158.50) per kg on National Multi Commodity Exchange.
Spot prices (Rs/kg) were: RSS-4: 153.50 (154); RSS-5: 152.50 (153); ungraded: 151 (152); ISNR 20: 151 (152) and latex 60%: 100 (100).
(bloombergutv.com)
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