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Physical rubber prices finished unchanged on Monday. Market activities were low and it lost direction lacking active market participants on either side. Meanwhile, widespread rain disrupted tapping in major plantation areas.
Sheet rubber closed steady at Rs 212 a kg, according to traders. The grade slipped to Rs 212 (212.50) a kg both at Kottayam and Kochi, as reported by the Rubber Board.
The November series improved marginally to Rs 213.70 (212.81) December to Rs 213.34 (212.51), January to Rs 214.03 (213.43) and February to Rs 214.28 (213.81) a kg for RSS 4 on the National Multi Commodity Exchange.
RSS 3 (spot) weakened to Rs 196.37 (198.37) a kg at Bangkok. The November futures for the grade dropped to ¥301.2 (Rs 188.48) from ¥306.2 a kg on the Tokyo Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 212 (212); RSS-5: 210 (210); ungraded: 202 (202); ISNR 20: 200 (200) and latex 60 per cent: 128.50 (128.50).
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