Wednesday, August 18, 2010

Spot rubber ends firm

On Wednesday (18 August 20100, the spot rubber prices ended firm as there were no buyers or sellers in the main trading centres to give a definite direction to sheet rubber. Sheet rubber ended unchanged at Rs 184 per kg amidst thin volumes.

The September futures for RSS 4 declined sharply to Rs 171.20 (176.38), October to Rs 164.49 (169.36), November to Rs 163.90 (166.74) and December to Rs 164.75 (167.50) per kg on the National Multi Commodity Exchange.

Spot rates were (Rs/kg): RSS-4: 184 (184); RSS-5: 174 (174); ungraded: 164 (164); ISNR 20: 156 (156) and latex 60 per cent: 114 (114).

(indiainfoline.com)

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