KOTTAYAM, JULY 30:
Spot rubber prices were mixed on Tuesday.
The undercurrent was weak following the continuous decline in the domestic futures market, though sheet rubber managed to hold on to prevailing levels on supply concerns.
The absence of genuine buyers kept the commodity under pressure during late trading hours and selected counters slipped amidst scattered transactions.
Sheet rubber finished unchanged at Rs 195 a kg at Kottayam and Kochi, according to traders and the Rubber Board. Volumes were dull.
August futures weakened to Rs 190.60 (Rs 191.27), September to Rs 178.15 (Rs 179.12), October to Rs 168 (Rs 169.17), November to Rs 163.55 (Rs 164.63) and December to Rs 163 (Rs 163.54) on the National Multi Commodity Exchange. RSS 3 (spot) slipped to Rs 147.38 (Rs 148.19) at Bangkok.
August futures closed at ¥ 236.4 (Rs 145.57) on Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 195 (195); RSS-5: 189 (190); ungraded: 179 (179); ISNR 20: 178 (179) and latex 60%: 163 (166).
Source: The Hindu
