On Friday (26 March 2010), the spot rubber prices rose as sharp gains in the international futures catalyzed the domestic mood and it made all-round gains mainly on speculative buying and short covering. Sheet rubber rose to Rs 154.50 from Rs 153.50 per kg with comparatively dull volumes.
The April futures for RSS 4 rose to Rs 158.25 (156.96), May to Rs 160.90 (159.12), June to Rs 160.60 (158.62) and July to Rs 160 (158.63) per kg on National Multi Commodity Exchange.
Spot prices (Rs/kg) were: RSS-4: 154.50 (153.50); RSS-5: 153.50 (152.50); ungraded: 151.50 (151); ISNR 20: 151.50 (151) and latex 60%: 100 (100).
(bloombergutv.com)
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