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Our Correspondent

Kottayam , Aug. 19

SPOT rubber prices showed a mixed trend on Thursday. Covering groups and purchase agents turned active in select grades and helped the market stabilise and firm up as sellers retreated anticipating a short-term positive trend.

Sheet rubber and ungraded improved by 50 paise, while the other grades were steady with narrow trading volumes.

The futures market remained positive though volumes were not impressive. The near month September delivery was quoted at Rs 53.01(Rs 52.85), October at Rs 51.25 (Rs 51.55), November at Rs 51.25 (Rs 51.13) and December at Rs 51.15 (Rs 50.92) per kg for RSS 4.

The TOCOM September futures for RSS 3 closed at 137.9 yen against 137.8 Yen a kg on Wednesday.

Spot market rates per kg on Thursday were as follows: RSS 4 Rs 54.50 (Rs 54), RSS 5 Rs 52 (Rs 52), ungraded Rs 50 (Rs 49.50), ISNR 20 Rs 50.25 (Rs 50.25) and latex 60% Rs 37.50 (Rs 37.50).

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