Commodities

Spot rubber rules steady

Our Correspondent Kottayam | Updated on June 10, 2014 Published on June 10, 2014




Physical rubber prices finished steady on Tuesday. Trading activities were at a low key and the commodity lost its direction amidst extremely dull volumes. The market managed to sustain at the prevailing levels following a better closing in international trendsetters, traders said.

Sheet rubber closed unchanged at ₹145.50 (₹145.50) a kg, according to traders. The grade improved to ₹145 (₹144.50) and ₹142 (₹141.50) respectively, according to the Rubber Board and dealers. June futures concluded at ₹143 (₹143.81), July at ₹144.50 (₹144.41), August at ₹142.20 (₹141.67), September at ₹141.17 (₹141.37) and October at ₹140.01 (₹140.79) on the National Multi Commodity Exchange. RSS 3 (spot) improved to ₹121.22 (₹120.09) at Bangkok. June futures closed at ¥187.1 (₹108.36) on the Tokyo Commodity Exchange.

Spot rubber rates ₹/kg were: RSS-4: 145.50 (145.50); RSS-5: 141.50 (141.50); Ungraded: 137 (137); ISNR 20: 132.50 (132.50) and Latex 60%: 122 (120).

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Published on June 10, 2014
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