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Agri-Biz & Commodities - Rubber


Mixed trend in spot rubber

Our Correspondent

Kottayam , Oct. 5

SPOT rubber showed a mixed trend on Wednesday. Profit booking at higher levels initiated some selling pressure in selectgrades, while ISNR 20 continued to remain firm on moderate buying from exporters.

According to sources, market players are waiting for the increase in arrivals.

The futures showed a better trend . October contract was quoted at Rs 64.25 (63.96), November Rs 63.18 (62.93), December Rs 62.75 (62.51) and January at Rs 63.19 (62.91) per kg for RSS 4.

Physical prices were: RSS-4: 64 (64.50); RSS-5: 62.75 (63); ungraded: 60.50 (61); ISNR 20: 63 (63); and latex 60%: 42.50 (42.50).

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