Spot rubber rules high
Kottayam, Sept. 10
Spot rubber prices finished unchanged on Friday. The market was in a holiday mood and lost its direction as the National Multi Commodity Exchange was closed owing to Id-ul Fitr.
Sheet rubber ended unchanged at Rs 167 a kg amidst extremely thin volumes. The grade improved to Rs 167.50 (167.00) a kg according to the data published by Rubber Board on its Web site.
Futures gain
The September futures for RSS 3 increased marginally to ¥299.8 (Rs 165.43) from ¥299.6 a kg during the day session but the grade remained inactive during the night session on the Tokyo Commodity Exchange.
RSS 3 (spot) slipped to Rs 163.65 (163.75) a kg at Bangkok.
Spot rates were (Rs/kg): RSS-4: 167 (167); RSS-5: 162.50 (162.50); ungraded: 159.50 (158); ISNR 20: 152 (152) and latex 60 per cent: 112 (112).
Saturday, September 11, 2010
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