On Thursday (10 June 2010), spot rubber turned better as the domestic supplies concerns and a positive move on NMCE kept the market slightly bullish though major consuming industries were almost inactive during the session. Sheet rubber increased to Rs 168.25 from Rs 168 per kg.
The June futures for RSS 4 rose to Rs 169.70 (167.12), July to Rs 165.82 (163.31), August to Rs 159.56 (157.43) and September to Rs 155.40 (153.81) a kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 168.25 (168); RSS-5: 165.50 (165); ungraded: 164 (163); ISNR 20: 150 (150) and latex 60 per cent: 111.50 (110.50).
(thehindubusinessline.com)
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