Spot rubber stays steady
Kottayam, Aug. 14
Spot rubber continued to rule unchanged on Saturday. The weekend session was rather calm and inactive as most of the traders were hesitant to enlarge their commitments. Sheet rubber closed unchanged at Rs 184 a kg amidst scattered transactions. The volumes were extremely low.
Futures gain
In futures, the August series increased to Rs 184.11 (183.43), September to Rs 174.43 (173.55), October to Rs 166.54 (164.63) and November to Rs 163.27 (161.51) a kg for RSS 4 on the National Multi Commodity Exchange. The volumes totalled 1538 lots. The total open interest in all series was 4149 lots and turnover 26.84 crores.
Spot rates were (Rs/kg): RSS-4: 184 (184); RSS-5: 174 (174); ungraded: 164.50 (164.50); ISNR 20: 156 (156) and latex 60 per cent: 110 (110).
Sunday, August 15, 2010
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