On Saturday (24 July 2010), the spot rubber prices rose, catalyzed by the bullish closing on the National Multi Commodity Exchange. Sheet rubber increased to Rs 182 from Rs 181 per kg on covering purchases. The trend was mixed as ISNR 20 ended flat and ungraded rubber declined on low demand.
The August futures for RSS 4 rose to Rs 179.05 (176.67), September to Rs 165.80 (162.91), October to Rs 159.90 (158.27) and November to Rs 159.40 (158.01) a kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 182 (181); RSS-5: 177 (176.50); ungraded: 167 (170); ISNR 20: 160 (160) and latex 60 per cent: 123 (123).
(indiainfoline.com)
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