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Agri-Biz & Commodities - Rubber
Mixed trend in spot rubber

Aravindan

Kottayam, July 4 Spot rubber prices witnessed a mixed trend on Saturday. The under current appeared weak as most of the grades finished in red on buyer resistance. Sheet rubber closed at Rs 98.25 against Rs 98 a kg on covering purchases, while ungraded rubber and ISNR 20 fell amidst scattered transactions.

Futures firm

The July futures for RSS 4 concluded the weekend session at Rs 96.69 (96.51), August at Rs 93.47 (93.26), September at Rs 90.35 (90.23) and October at Rs 88.10 (89.22) a kg on National Multi Commodity Exchange (NMCE).

Spot rates were (Rs/kg): RSS-4: 98.25 (98); RSS-5: 96 (96); ungraded: 92 (93); ISNR 20: 90 (90.50) and latex 60 per cent: 88 (88).

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