Agri Business

Mixed trend in rubber

Our Correspondent Kottayam | Updated on August 01, 2014 Published on August 01, 2014

The domestic rubber markets improved further on Friday. In spot, the prices strengthened mainly following the overall gains in futures. The trend was mixed.

Sheet rubber firmed up to ₹138.50 (₹138.00) a kg, according to traders. The grade improved to ₹139 (₹138) and ₹136 (₹135), according to the Rubber Board and dealers. The August futures improved to ₹140.39 (139.93), September to ₹139.49 (138.75), October to ₹138.70 (₹137.95), November to ₹138.50 (₹137.29) and December to Rs.139.00 (137.70) on the National Multi Commodity Exchange (NMCE).

RSS 3 (spot) slipped to ₹120.57 (120.90) at Bangkok. The August futures edged up to ¥194.2 (₹115.33) a kg on the Tokyo Commodity Exchange.

Spot rubber rates (₹/kg): RSS-4: ₹138.50 (₹138); RSS-5: 133.50 (₹133); Ungraded: ₹129 (₹128); ISNR 20: ₹117 (₹117.00) and Latex 60%: ₹105(₹105).

Published on August 01, 2014
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