Spot rubber showed a mixed trend on Thursday. The undercurrent was bullish as sellers stayed back expecting further gains in the commodity. But the declines in trend setting futures markets kept RSS 4 under pressure during the day. The overall volumes were still low.

Sheet rubber finished unchanged at Rs 183 a kg, according to traders. The grade improved to Rs 182.50 (181) a kg both at Kottayam and Kochi, according to Rubber Board.

The September series dropped to Rs 185.50 (186.88), October to Rs 183.15 (183.47), November to Rs 181.20 (182.29) and December to Rs 181.40 (182.26) a kg on the National Multi Commodity Exchange.

RSS 3 (spot) firmed up to Rs 166.05 (165.32) a kg at Bangkok. The September futures slipped to ¥232.3 (Rs 165.51) from ¥234.3 during the day session and then to ¥232 (Rs 165.30) in the night session on the Tokyo Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 183 (183); RSS-5: 176 (174); ungraded: 172 (170); ISNR 20: 164 (162) and latex 60 per cent: 125 (125).

(This article was published on September 13, 2012)
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