12.9 C
New York
Sunday, October 24, 2021

India: Spot rubber rules steady

KOTTAYAM, AUG. 21:

 Physical rubber prices were steady on Wednesday. There were no active buyers or sellers in the local trading houses and the commodity lost its direction amidst dull volumes.

Sheet rubber closed unchanged at Rs 184 a kg both at Kottayam and Kochi, according to traders and the Rubber Board.

September futures improved to Rs 177.70 (Rs 175.41), October to Rs 172.95 (Rs 170), November to Rs 169.87 (Rs 167.58) and December to Rs 170.40 (Rs 168.21) for RSS 4 on the National Multi Commodity Exchange.

RSS 3 (spot) increased to Rs 163.69 (Rs 162.12) at Bangkok.

August futures closed at ¥ 251.5 (Rs 166.06) on the Tokyo Commodity Exchange.

Spot rubber rates Rs/kg: RSS-4: 184 (184); RSS-5: 182 (182); Ungraded: 173 (173); ISNR 20: 170 (170); and Latex 60 per cent: 161 (161).

Source: The Hindu

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

10,835FansLike
12,893FollowersFollow
756FollowersFollow
- Advertisement -

Latest Articles

Popular Articles