Monday, August 2, 2010

Spot rubber ends almost steady

On Saturday (31 July 2010), the spot rubber prices ended almost steady as most of the traders preferred to stay back during the weekend session. Sheet rubber ended unchanged at Rs 185 per kg while the trend was mixed as ungraded rubber declined marginally on comparatively low demand.

The August futures for RSS 4 rose to Rs 185.33 (183.83), September to Rs 170.30 (168.75), October to Rs 161.25 (160.45) and November to Rs 160.95 (160.33) a kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 185 (185); RSS-5: 179 (179); ungraded: 169 (169.50); ISNR 20: 157 (157) and latex 60 per cent: 110 (110).

(indiainfoline.com)
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