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Agri-Biz & Commodities - Rubber
Spot rubber rules steady

Aravindan

Kottayam, Dec. 29 Spot rubber finished unchanged on Saturday. The market activities were in a low key and sheet rubber RSS 4 closed flat at Rs 94 a kg both at Kottayam and Kochi as on Friday.

On NMCE, the January futures finished the session slightly weak at Rs 96.60 (96.93), February at Rs 98.38 (98.83), March at Rs 100.20 (100.63) and April at Rs 101.75 (102.23) per kg for RSS 4. The volumes totalled 526 (1,753) lots and open interest 8,769 (8,745) lots. The January futures for the grade closed at Rs 96.50 against Rs 96.07 a kg on MCX.

The outstanding positions were 3,042 (3,055) lots in January, 3,733 (3,737) lots in February, 1,594 (1,567) lots in March and 400 (386) lots in April on NMCE.

Spot prices were: RSS-4: 94 (94); RSS-5: 92 (92); ungraded: 90 (90); ISNR 20: 91 (91) and latex 60 per cent: 61.50 (61.50).

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