Spot rubber ends steady

The spot rubber ended steady on Saturday (29 May 2010). The trading activities were in a low key as the trend setting international markets were on weekend holidays. Sheet rubber ended unchanged at Rs 171 per kg amidst scattered transactions.

The June futures for RSS 4 declined to Rs 169.8180 (170.97), July to Rs 169.38 (170.02), August to Rs 163 (163.22) and September to Rs 157.30 (157.95) a kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 171 (171); RSS-5: 169 (169); ungraded: 167.50 (167.50); ISNR 20: 152 (152) and latex 60 per cent: 110 (110).

(indiainfoline.com)