Thursday, July 8, 2010

Spot rubber shows mixed trend

On Wednesday (07 July 2010), the spot rubber prices showed a mixed trend. There were no fresh incentives to keep the market live as the domestic futures were almost steady. Sheet rubber prices declined to Rs 182 from Rs 182.50 per kg amidst scattered transactions.

The July futures for RSS 4 declined to Rs 185.21 (185.24), while the August futures increased to Rs 178.60 (176.24), September to Rs 170 (167.40) and October to Rs 163.60 (162.01) per kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 182 (182.50); RSS-5: 177.50 (177); ungraded: 175 (174.50); ISNR 20: 159.50 (160) and latex 60 per cent: 127 (127).

(indiainfoline.com)
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