Spot rubber prices close unchanged

Print this page Posted on : 08-23-2009 by recycleinme.com

Kottayam, Aug. 22

The physical rubber prices finished unchanged on Saturday. A better closingin the rubber futures on NMCE failed to catalyse the domestic sentiments as most of the traders preferred to remain in the safer side being inactive.

Sheet rubber closed flat at Rs 102 a kg amidst scattered transactions.The trading activities were in an extremely dull key as there were no activeparticipants on either side.

FUTURES IMPROVE

RSS 4 improved at its September futures to Rs. 103.68 (102.75), Octoberto Rs. 104 (102.79), November to Rs.103.93 (102.56) and December to105.12 (104) a kg on National Multi Commodity Exchange (NMCE).

Spot rubber rates (Rs a kg) were:RSS-4: 102 (102); RSS-5: 100.50 (100.50); ungraded :98 (98); ISNR 20: 94.50 (94.50); and latex 60% : 75 (75).

Source : Business Line