Wednesday, July 7, 2010

Spot rubber shows mixed trend

On Tuesday (06 July 2010), the spot rubber prices showed a mixed trend. The market was under pressure as the buyers stayed away from most of the grades but sheet rubber ended unchanged at Rs 182.50 per kg for the third consecutive day amidst dull volumes.

The July futures for RSS 4 ended at Rs 185.30 (185.50), August at Rs 176.24 (175.24), September at Rs 167.50 (166.63) and October to Rs 162.01 (162.79) per kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 182.50 (182.50); RSS-5: 177 (178); ungraded: 174.50 (176); ISNR 20: 160 (160) and latex 60 per cent: 127 (127).

(indiainfoline.com)

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