On Thursday (12 August 2010), the spot rubber prices declined following the decline in the domestic futures and on new of imports. Sheet rubber declined to Rs 184 from Rs 185 per kg on buyer resistance coupled with selling by dealers.
The August futures for RSS 4 declined to Rs 183.4175 (186.89) and September to Rs 173.11 (173.21), while the October futures increased marginally to Rs 163.90 (163.75) and November to Rs 161.05 (161) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 184 (185); RSS-5: 174 (175); ungraded: 164.50 (165); ISNR 20: 156 (157) and latex 60 per cent: 110 (110).
(indiainfoline.com)
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