Monday, November 1, 2010

Spot rubber rules steady

Spot rubber rules steady


Kottayam, Oct. 30

Spot rubber closed unchanged on Saturday. The weekend session was comparatively inactive and cool as it lacked quantity buyers and sellers on either side to set the trend. Sheet rubber closed steady at Rs 190 a kg both at Kottayam and Kochi according to dealers as well as Rubber Board.

In futures, the November series improved to Rs 194.45 (193.31), December to Rs 197.39 (196.27), January to Rs 199.64 (198.38) and February to Rs 201.83 (201.00) a kg for RSS 4 on the National Multi Commodity Exchange. Spot rates were (Rs/kg): RSS-4: 190 (190); RSS-5: 180 (180); ungraded: 176 (176); ISNR 20: 187 (187) and latex 60 per cent: 125 (125).

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