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Spot rubber rules steady on Nov. 17, 2012

Spot rubber rules steady on Nov. 17, 2012November 17, 2012:  

Physical rubber prices were almost steady on Saturday. The session was comparatively inactive and sheet rubber finished unchanged at Rs. 168.00 a kg according to traders. The grade slipped to Rs. 168.00 (168.50) a kg as quoted by the Rubber Board.

The December series increased to Rs.170.97 (170.70), January to Rs.173.10 (172.71) and February to Rs. 175.50 (175.15) while the March series dropped to Rs.179.45 (181.06) and May to Rs.180.60 (181.00) per kg on National Multi Commodity Exchange (NMCE).

The spot rubber rates per kg follow:

RSS-4: 168.00 (168.00)

RSS-5: 165.00 (165.00)

Ungraded: 160.00 (161.00)

ISNR 20: 158.00 (158.00)

and

Latex 60%: 111.50 (111.50)

Source: Business Line

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