Spot rubber rules steady

| Updated on: Jul 02, 2011

Spot rubber closed steady on Saturday. The market activities were at extremely low pace and the absence of major consuming industries in the buyers queue during the week took the steam out of the market.

Sheet rubber finished unchanged at Rs 210 a kg amidst scattered transactions following the marginal weakness on the National Multi Commodity Exchange.

The July series slipped to Rs 208.45 (208.61), August to Rs 210.09 (210.14), September to Rs 208.29 (208.54) and October to Rs 208 (208.75) a kg for RSS 4 on the NMCE.

Spot rates were (Rs/kg): RSS-4: 210 (210); RSS-5: 208 (208); ungraded: 204 (204); ISNR 20: 206 (206) and latex 60 per cent: 133.50 (133.50).

Published on July 02, 2011

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