Spot rubber steady

Print this page Posted on : 04-24-2008 by recycleinme.com

Spot rubber was steady on Tuesday. The market turned slightly weak on early trades following declines in international indices but regained strength towards close lacking sellers in the main marketing centres. On NMCE, the May futures improved to Rs 111.84 (111.48) a kg while the June futures finished slightly lower at Rs 111.17 (111.31), July at Rs 109.00 (109.40) and August at Rs 107 (107.03) a kg for RSS 4. Spot prices were (Rs/kg): RSS-4: 112 (112); RSS-5: 109.50 (109.50); ungraded: 108 (108); ISNR 20: 108.50 (108.50) and latex 60 per cent: 74.50 (74).

Source : Business Line