On Thursday (07 October 2010), the spot rubber prices were almost steady. A leading manufacture bought the grade even at Rs 174 per kg in early trades but the declines in domestic futures kept the sentiments under pressure during closing hours. Sheet rubber ended unchanged at Rs 174 per kg in the main marketing centres.
The October futures for RSS 4 declined to Rs 177.20 (178.96), November to Rs 178.75 (180.85), December to Rs 181.70 (183.70) and January to Rs 185 (187) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 174 (174); RSS-5: 168 (168); ungraded: 164.50 (164.50); ISNR 20: 170 (169) and latex 60 per cent: 116 (116).
The October futures for RSS 4 declined to Rs 177.20 (178.96), November to Rs 178.75 (180.85), December to Rs 181.70 (183.70) and January to Rs 185 (187) per kg on the National Multi Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 174 (174); RSS-5: 168 (168); ungraded: 164.50 (164.50); ISNR 20: 170 (169) and latex 60 per cent: 116 (116).
(indiainfoline.com)
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