On Thursday (15 July 2010), the spot rubber prices declined as the trend setting domestic and international markers were bearish. Sheet rubber declined to Rs 184.25 from Rs 185 per kg, while the remaining grades except latex 60% also declined in with the day's sentiments.
The July futures for RSS 4 expired at Rs 187 (192.31), while the August series declined to Rs 179.95 (180.78), September to Rs 170.75 (171.86) and October to Rs 165.40 (166.51) a kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 184.25 (185); RSS-5: 179 (179.50); ungraded: 173.50 (174.50); ISNR 20: 161.50 (162) and latex 60 per cent: 128 (128).
(indiainfoline.com)
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