Spot rubber rules steady

Spot rubber rules steady
Aravindan

Kottayam, June 19

Spot rubber prices closed steady consecutively for the third day on Saturday. The weekend session was comparatively inactive as the prices remained neutral lacking quantity buyers and sellers to set the trend.

Sheet rubber closed flat at Rs 169 a kg though the domestic rubber futures were slightly better on the National Multi Commodity Exchange (NMCE).

The July series improved to Rs 168.01 (167.64), August to Rs 163.44 (162.71), September to Rs 158.93 (158.50) and October to Rs 157.90 (156.60) a kg for RSS 4 on the NMCE.

Spot rates (Rs/kg): RSS-4: 169.50 (169.50); RSS-5: 167 (167); Ungraded: 165 (165); ISNR 20: 150.50 (150.50) and Latex 60 per cent: 120 (120).