On Tuesday (10 August 2010), the spot rubber prices rose mainly on supply concerns. Sheet rubber increased to Rs 186 from Rs 185 per kg, though there were no fresh enquiries from major consuming industries.
The August futures for RSS 4 rose to Rs 190.75 (189.57), September to Rs 174.65 (174.55), October to Rs 165.10 (164.93) and November to Rs 162.50 (162.29) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 186 (185); RSS-5: 177 (175); ungraded: 166 (166); ISNR 20: 157 (157) and latex 60 per cent: 109.50 (107.50).
(indiainfoline.com)
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