Commodities

Spot rubber rules steady

OUR CORRESPONDENT | Updated on January 23, 2018 Published on August 27, 2015

Spot rubber continued to remain steady on Thursday. RSS 4 closed unchanged at Rs.112.00 per kg according to traders and the Rubber Board. The grade was quoted at Rs.109.00 per kg by dealers. The market was totally in a holiday mood prior to ‘Thiruvonam’.

The September futures concluded at Rs.115.69 (112.72), October at Rs.115.12 (111.98) November at Rs.113.10 (111.88), December at Rs.113.40 (112.25) and January at Rs.112.25 (113.50) per kg on National Multi Commodity Exchange (NMCE).

RSS 3 (spot) declined to Rs. 91.73 (92.58) per kg at Bangkok. The September futures improved to ¥ 163.9 (Rs. 89.96) from ¥ 163.3 (Rs.89.61) per kg during the day session and then to ¥ 167.7 (Rs.92.02) per kg in the night session on Tokyo Commodity Exchange (TOCOM).

The spot rubber rates per kg were:

RSS-4: 112.00 (112.00)

RSS-5: 107.00 (107.00)

Ungraded: 95.00 (95.00)

ISNR 20: 98.00 (98.00)

and Latex (60% drc): 79.00 (79.00)

Published on August 27, 2015
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