Kottayam, March 19
Physical rubber prices showed a mixed mood on Friday.
According to sources the market continued to suffer from supply concerns and sheet rubber improved to Rs 152.50 from Rs 152 a kg as traders preferred to remain bullish on the grade.
Latex 60 per cent also recorded marginal gains on sustained demand while the remaining grades were flat amidst scattered transactions.
Futures firm
The April futures for RSS 4 closed firm at Rs 155.93 (154.82), May at Rs 157.64 (156.26) and June at Rs 158 (157.62) a kg while the July futures slipped to Rs 157.52 (157.66) on National Multi Commodity Exchange (NMCE).
RSS 3 improved at its March futures to ¥304.3 (¥302) (Rs 153.05), May to ¥300 (¥297.8), June to ¥296.2 (¥293), July to ¥292 (¥288.3) and August to ¥289.1 (¥285.6) a kg while the April futures slipped to ¥302.5 (¥303.1) during the day session on Tokyo Commodity Exchange (TOCOM).
The March futures firmed up further to ¥305 (Rs 153.33), June to ¥296.5, July to ¥292.4 and August at ¥289.4 a kg while April and May futures remained inactive during the night session.
RSS 3 was firm at Rs 149.51 (148.63) a kg on Singapore Commodity Exchange (SICOM).
The grade moved up to Rs 150.46 (149.95) a kg at Bangkok.
Spot prices were (Rs/kg): RSS-4: 152.50 (152); RSS-5: 151 (151); ungraded: 150 (150); ISNR 20: 150 (150) and latex 60 per cent: 99 (98).
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