Monday, October 11, 2010

Spot rubber rules firm

Spot rubber rules firm


Kottayam, Oct. 9

Rubber prices finished firm on Saturday. The weekend session was rather calm though the trend setting domestic futures also settled marginally higher on the National Multi Commodity Exchange. Sheet rubber improved to Rs 174.50 from Rs 174 a kg amidst scattered transactions. The trend was mixed.

In futures, the October series improved to Rs 176.73 (176.37), November to Rs 177.55 (177.05), December to Rs 180.45 (180.19) and January to Rs 183.20 (183.10) a kg for RSS 4 on National Multi Commodity Exchange (NMCE).

Spot rates were (Rs/kg): RSS-4: 174.50 (174); RSS-5: 167.50 (167.50); ungraded: 164.50 (164); ISNR 20: 171 (171) and latex 60 per cent: 116 (116).

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