Spot rubber rules steady

Spot rubber rules steady
Spot rubber prices closed unchanged on Friday. The market was in a holiday mood owing to Maha Shivrathri. Sheet rubber finished unchanged at Rs 134 a kg amidst scattered transactions. The volumes were dull.



Futures gain


RSS 3 flared up at its February futures to ¥274.4 (¥266.8) (Rs 141.89), March to ¥277 (¥268.5), April to ¥278.9 (¥270.7), May to ¥281.2 (¥272.5), June to ¥283.2 (¥274.9) and July to ¥285.2 (¥276.5) a kg during the day session on Tokyo Commodity Exchange (TOCOM).



RSS 3 improved to Rs 145.53 (143.13) a kg on Singapore Commodity Exchange (SICOM). The grade closed firm at Rs 144.59 (142.80) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 134 (134); RSS-5: 131.50 (131.50); ungraded: 129 (129); ISNR 20: 131.50 (131.50) and latex 60 per cent: 89 (89). (BL)

http://www.thehindubusinessline.com/2010/02/13/stories/2010021351281000.htm