On Tuesday (29 June 2010), the spot rubber prices declined following the decline in the domestic and international rubber futures. Sheet rubber declined to Rs 179.25 from Rs 180 per kg mainly on profit booking at higher levels.
The July futures for RSS 4 declined to Rs 178.30 (180.75), August to Rs 172.10 (173.73), September to Rs 165.21 (166.69) and October to Rs 161 (162.63) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 179.25 (180); RSS-5: 177 (178); ungraded: 174 (176); ISNR 20: 157 (158) and latex 60 per cent: 127 (127).
(indiainfoline.com)
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