Kottayam, March 27
Spot rubber finished almost steady on Saturday. The session was rather cool following the widespread rains on Friday night as traders preferred to stay back waiting for a definite direction in the overseas markets after the weekend holidays. A dull closing in the domestic rubber futures also kept the sentiments under pressure and sheet rubber closed flat at Rs 154.50 a kg amidst comparatively weak volumes.
Futures slip
RSS 4 slipped at its April futures to Rs 157.67 (158.13), May to Rs 160.61 (160.98), June to Rs 160.38 (160.73) and July to Rs 159.27 (159.99) a kg on National Multi Commodity Exchange (NMCE).
Spot prices were (Rs/kg): RSS-4: 154.50 (154.50); RSS-5: 153.50 (153.50); ungraded: 152 (151.50); ISNR 20: 151.50 (151.50) and latex 60 per cent: 100 (100).
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