Spot rubber prices closed steady consecutively for the third day on Saturday (19 June 2010). The weekend session was comparatively inactive as the prices remained neutral lacking quantity buyers and sellers to set the trend. Sheet rubber closed flat at Rs 169 a kg though the domestic rubber futures were slightly better on the National Multi Commodity Exchange (NMCE).
The July futures for RSS 4 rose to Rs 168.01 (167.64), August to Rs 163.44 (162.71), September to Rs 158.93 (158.50) and October to Rs 157.90 (156.60) a kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 169.50 (169.50); RSS-5: 167 (167); ungraded: 165 (165); ISNR 20: 151.50 (150.50) and latex 60 per cent: 120 (120).
(indiainfoline.com)
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