On Saturday (21 August 2010), the spot rubber prices ended weak as the market appeared to be in a holiday mood prior to Onam. Sheet rubber declined further to Rs 170 from Rs 171 per kg on buyer resistance.
The September futures for RSS 4 rose to Rs 168.20 (167.24), October to Rs 164.14 (163.19), November to Rs 164.17 (163.81) and December to Rs 165.36 (163.81) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 170 (171); RSS-5: 161 (162); ungraded: 156 (156); ISNR 20: 150 (150) and latex 60 per cent: 111 (111).
(indiainfoline.com)
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