Spot rubber prices unchanged

Print this page Posted on : 11-15-2009 by recycleinme.com

Aravindan

Kottayam, Nov. 14

Spot rubber market closed unchanged on Saturday. The market lost its initial strength as the November futures on the National Multi Commodity Exchange (NMCE) shed the morning gains to expire at Rs 110.50 a kg for RSS 4.

The November futures for RSS 4 expired at Rs 110.50 (Rs 111.90) a kg, while its December futures improved to Rs 114.13 (Rs 113.72), January to Rs 116.34 (Rs 115.87) and February to Rs 117.91 (Rs 117.52) a kg on the NMCE.

Spot rates were (Rs/kg): RSS-4: 110.50 (110.50); RSS-5: 105 (105); Ungraded: 101.50 (101.50); ISNR 20: 103 (103) and Latex 60%: 70 (70).

Source : Business Line