On Monday (14 June 2010), the spot rubber prices were firm as the trend was ridden by the moderate gains in domestic and international futures. Sheet rubber increased to Rs 171 from Rs 170 per kg, while latex 60% flared up sharply by Rs 7 per kg on acute short supply.
The June futures for RSS 4 rose to Rs 172.60 (171.27), July to Rs 168.40 (167.64) and August to Rs 163.40 (162.48), while the September futures ended flat at Rs 158.50 a kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 171 (170); RSS-5: 168.50 (167.50); ungraded: 167 (165); ISNR 20: 151.50 (150.50) and latex 60 per cent: 120 (113).
(indiainfoline.com)
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