Comments
Physical rubber prices finished unchanged consecutively for the fourth trading session on Monday. The commodity lost its direction as there were no quantity buyers or sellers in the market to set a definite trend.
Sheet rubber finished unchanged at Rs 187 a kg at Kottayam and Kochi, according to traders and the Rubber board. The transactions were meagre.
In futures, the July series improved to Rs 185.50 (184.53), August to Rs 185.19 (184.12), September to Rs 184.11 (183.01), October to Rs 184 (182.09) and November to Rs 183.50 (182.43) a kg for RSS 4 on the National Multi Commodity Exchange.
RSS 3 (spot) weakened to Rs 177.12 (178.36) a kg at Bangkok. The July futures dropped to ¥244 (Rs 171.25) from ¥249 during the day session but then finished unchanged in the night session on the Tokyo Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 187 (187); RSS-5: 181.50 (181.50); ungraded: 176.50 (176.50); ISNR 20: 181.50 (181.50) and latex 60 per cent: 133 (133).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.