Spot rubber stays firm bl-premium-article-image

Our Correspondent Updated - October 11, 2011 at 08:47 PM.

rubber

Physical rubber prices finished unchanged on Tuesday. The market lost its direction following the late declines on the National Multi Commodity Exchange (NMCE). Sheet rubber closed steady at Rs 214 a kg both at Kottayam and Kochi .

The October series weakened to Rs 215.45 (216.47), November to Rs 211.95 (213.40), December to Rs 213.20 (214.31), January to Rs 215.12 (215.87) and February to Rs 217.56 (218.12) a kg for RSS 4 while its March series firmed up to Rs 221.77 (218.60) a kg on the NMCE.

RSS 3 (spot) improved to Rs 207.82 (206.16) a kg at Bangkok. The October futures increased to ¥312 (Rs 197.50) from ¥308.2 a kg during the day session but then surrendered to ¥306 (Rs 196.96) a kg in the night session on the Tokyo Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 214 (214); RSS-5: 211 (211); ungraded: 205 (205); ISNR 20: 204 (204) and latex 60 per cent: 130 (130).

Published on October 11, 2011 15:17