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Our Correspondent

Kottayam , May 11

THE spot rubber prices remained unchanged on Tuesday. No specific buying interest from any of the sectors was visible in the market. Major manufactures also kept off while the arrivals were low.

According to reports normal tapping has not yet resumed though the heavy summer showers subsided and the climate changed favourably.

RSS 4 closed at Rs 57.50 a kg as on Tuesday. At Bangkok, RSS 3 lost 5 paise to close at Rs 62.02 against Rs 62.07 a kg but the TOCOM June futures for the same grade improved 144.1 yen from 142.9 yen on Monday.

The futures market showed a better trend on Tuesday. The May delivery was quoted at Rs 57.35 (Rs 57.35), June at Rs 57.97 (Rs 57.88), July at Rs 58 (Rs 57.92 ) and August delivery at Rs 57.35 (Rs 57.11) per kg for RSS 4.

The spot market rates per kg on Tuesday follow: RSS 4 Rs 57.50 (Rs 57.50), RSS 5 Rs 56.50 (Rs 56.50), ungraded Rs 55.50 (Rs 55.50), ISNR 20 Rs 56.25 (Rs 56.25) and latex 60 per cent Rs 43.50 (Rs 43.50)

More Stories on : Rubber

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