Spot rubber stays unchanged

Print this page Posted on : 01-30-2009 by recycleinme.com

Kottayam, Jan. 29

Physical rubber prices continued to remain unchanged on Thursday. Ungraded rubber shed 50 paise on fresh offers. RSS 4 surrendered at its February futures to Rs 68.86 (70.20), March to Rs 69.66 (71.24), April to Rs 70.95 (72.49) and May to Rs 71.55 (73.25) kg on National Multi Commodity Exchange (NMCE). On TOCOM, RSS 3 February futures slid to ¥133.5 (135.6) (Rs 72.79.

Spot rates were (Rs/kg): RSS-4: 68.50 (68.50); RSS-5: 67.50 (67.50); ungraded: 66.50 (67); ISNR 20: 66.50 (66.50) and latex 60 per cent: 59 (59).

Source : Business Line