On Tuesday (26 October 2010), the spot rubber prices continued to rule steady and the market failed to move in tandem with the gains in futures as buyers stayed away following a favourable change in weather. Sheet rubber ended flat at Rs. 189.50 per kg in the main marketing centres.
The November futures for RSS 4 increased to Rs. 192.06 (187.18), December to Rs. 194.60 (188.79), January to Rs. 196.80 (191.59) and February to Rs. 200.25 (195.37) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 189.50 (189.50); RSS-5: 179 (179.50); ungraded: 174 (174); ISNR 20: 185.50 (185.50) and latex 60 per cent: 121 (121).
(indiainfoline.com)
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