Monday, July 19, 2010

Spot rubber ends steady

On Saturday (17 July 2010), the spot rubber prices were almost unchanged as the market managed to sustain at Friday's closing levels in most of the grades although the domestic futures ended lower in all contracts. Sheet rubber ended unchanged at Rs 180 per kg amidst scattered transactions.

The August futures for RSS 4 declined to Rs 170.44 (173.88), September to Rs 160.38 (164.66), October to Rs 157.91 (160.58) and November to Rs 157.92 (161) a kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 180 (180); RSS-5: 175 (175); ungraded: 170 (171); ISNR 20: 159 (159) and latex 60 per cent: 125 (126).

(indiainfoline.com)
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