Kottayam, March 20
Spot rubber prices showed a better trend on Saturday. The market continued its upward journey on covering purchases as domestic rubber futures finished firm on NMCE. Supply concerns haunted the buyers and the prices inched up though major consuming industries were not visibly active during the weekend session. Sheet rubber improved to Rs 153 from Rs 152.50 a kg amidst scattered transactions. The volumes were not impressive.
Futures gain
RSS 4 improved at its April futures to Rs 157.39 (155.94), May to Rs 159.33 (157.40), June to Rs 158.80 (158.10) and July to Rs 158.76 (157.57) a kg on National Multi Commodity Exchange (NMCE).
Spot prices were (Rs/kg): RSS-4: 153 (152.50); RSS-5: 152 (151); ungraded: 151 (150); ISNR 20: 151 (150) and latex 60 per cent: 100 (99).
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