Friday, June 25, 2010

Rise in spot rubber prices

On Thursday (24 June 2010), the spot rubber prices rose following the gains in the domestic and international rubber futures. Sheet rubber increased to Rs 173.50 from Rs 172 per kg though the tyre sector continued to stay back as usual.

The July futures for RSS 4 rose to Rs 174.67 (172.41), August to Rs 168 (167.40) and September to Rs 163.30 (162.68) per kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 173.50 (172); RSS-5: 171.50 (170); ungraded: 169.50 (168); ISNR 20: 154 (153) and latex 60 per cent: 122 (121).

(indiainfoline.com)

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