KOTTAYAM, SEPT.6:
Physical rubber prices were mixed on Friday. The market continued to lack quantity buyers or sellers in the local trading houses despite a firm closing on the National Multi Commodity Exchange.
Major counters were neutral, while the remaining grades fluctuated within a narrow range amidst scattered transactions. Overall volumes were dull.
Sheet rubber finished unchanged at Rs 186 a kg for the sixth consecutive day, according to traders. The grade firmed up at Rs 186.50 (Rs 186) at Kottayam and Kochi, as reported by the Rubber Board.
September futures improved to Rs 187.30 (Rs 186.48), October to Rs 186.62 (Rs 185.90) and November to Rs 187.69 (Rs 187.05) while the December futures slipped to Rs 189.13 (Rs 189.21) on the NMCE.
RSS 3 (spot) declined to Rs 178.19 (Rs 178.78) at Bangkok. September futures closed at ¥ 270.5 (Rs 177.31) on the Tokyo Commodity Exchange.
Spot rubber rates (Rs/kg) were: RSS-4: 186 (186); RSS-5: 182.50 (182.50); Ungraded: 175 (176); ISNR 20: 170 (169) and Latex 60%: 135.50 (138).
Source: The Hindu
