On Thursday (30 September 2010), the spot rubber continued to rule steady as the market activities were in an extremely slow pace and most of the traders were reluctant to enlarge their commitments following the uncertainties prior to the Ayodhya verdict. Sheet rubber closed unchanged at Rs. 168.5 per kg amidst scattered transactions.
The October series moved up marginally to Rs. 172.2 (171.39), November to Rs. 173.96 (173.44), December to Rs. 176.68 (176.12), and January to Rs. 178.98 (178.67) per kg for RSS 4 on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 168.5 (168.5); RSS-5: 165 (165); ungraded: 162 (162); ISNR 20: 163 (163) and latex 60 per cent: 115.5 (115.5).
(indiainfoline.com)
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