Saturday, January 2, 2010

Spot rubber rules firm

Spot rubber rules firm
Kottayam: The physical rubber prices continued to rule unchanged on Friday. According to observers, the market was totally in a holiday mood on the first trading day of the year. Sheet rubber closed unchanged at Rs 139 a kg amidst scattered transactions. The volumes were dull.
Futures improve
RSS 4 improved at its January futures to Rs 143.35 (142.50), February to Rs 145.51 (145.02), March to Rs 147.99 (147.08) and April to Rs 150.25 (149.41) a kg on National Multi Commodity Exchange (NMCE). The leading international markets remained closed on account of New Year.
Spot rates were (Rs/kg): RSS-4: 139 (139); RSS-5: 132.50 (132.50); ungraded: 128.50 (128.50); ISNR 20: 130 (130) and latex 60 per cent: 86 (86). (BL)

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