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Agri-Biz & Commodities - Rubber


Mixed trend in rubber prices

Our Correspondent

Kottayam , Nov. 30

SPOT rubber prices were quoted in a mixed trend on Tuesday. While ungraded rubber and ISNR 20 made losses, the other grades remained steady with less trading interest. Major manufactures were not active and the arrivals were reported to be better.

Rubber futures weakened with December delivery quoting at Rs 51.21 (51.78) a kg, January was quoted at Rs 52.35 (52.81), February at Rs 53.29 (53.60) and March at Rs 54.35 (54.65) per kg for RSS 4.

Physical rubber rates per kg were as follows: RSS 4 Rs 50.25 (50.50), RSS 5 Rs 48.75 (48.75), ungraded Rs 46.50 (46.75), ISNR 20 Rs 49.25 (49.50), latex 60% Rs 37.50 (37.50).

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