Comments
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)
Comments
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.