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New York
Wednesday, August 10, 2022

India: Spot rubber stays unchanged

KOTTAYAM, OCT.31:  

Spot rubber continued to rule almost unchanged on Thursday. There were no enquiries in the market; but most counters managed to sustain at the prevailing levels on short supplies.

The trend was partially mixed, as ungraded rubber and ISNR 20 improved marginally, amidst scattered transactions though the overall sentiments were not impressive.

Sheet rubber finished flat at Rs 158.50 a kg, according to trading circles.

The grade improved to Rs 159.50 (Rs 159) and Rs 156.50 (Rs 156) respectively, according to the Rubber Board and dealers. November futures declined to Rs 159.98 (Rs 161.29), December to Rs 160.90 (Rs 162.91) and January to Rs 162.61 (Rs 164.84) on the National Multi Commodity Exchange.

RSS 3 (spot) dropped to Rs 155.04 (Rs 155.48) at Bangkok. November futures closed at ¥ 247.5 (Rs 154.94) on the Tokyo Commodity Exchange.

Spot rubber rates Rs/kg were: RSS-4: 158.50 (158.50); RSS-5: 151 (151); Ungraded: 147 (146); ISNR 20: 151 (150) and latex 60 per cent: 116.50 (116.50).

India’s Rubber Prices on October 31, 2013

Arrivals in tonnes;prices in Rs/quintal in domestic market.

 

Arrivals

Price

 

Current

%

Season 

Modal

Prev.

Prev.Yr

change

cumulative

Modal

%change

Rubber

Mumbai(Mah)

607

-20.86

42962.6

3010

3010

-15.83

Palitana(Raj)

250

56.25

11560

3350

3250

Muzzafarnagar(UP)

65

18.18

8198

3230

3230

-13.17

Ranchi(Jha)

60

-76.92

13987.8

3330

3320

-13.51

Lakhimpur(UP)

8

6.67

1092

3310

3310

Jaipur(Grain)(Chandpole)(Raj)

7

-93.4

1634

3200

3200

-16.45

Giridih(Jha)

4.2

NC

322.8

4200

4200

5

Irrikkur(Ker)

4

33.33

669.2

14600

14500

-10.43

Pulpally(Ker)

2

NC

471.8

16500

16500

NC

Parakkodu(Ker)

1.6

6.67

295

15200

15300

-12.14

Punalur(Ker)

1.5

50

177.5

3300

3400

-10.81

 

Source: The Hindu

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