Thursday, July 22, 2010

Spot rubber ends unchanged

On Wednesday (21 July 2010), the spot rubber prices ended unchanged as there were no quantity buyers or sellers in the market. Sheet rubber ended unchanged at Rs 180 per kg, but the grade seemed to be struggling to remain subdued possibly on supply concern.

The August futures for RSS 4 rose to Rs 179.40 (174.27), September to Rs 166.03 (162.34), October to Rs 160.71 (158.17) and November to Rs 160.25 (158.00) a kg on the National Multi Commodity Exchange.

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

(indiainfoline.com)
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