KOTTAYAM, OCT. 17:
Spot rubber was mixed on Thursday. The undercurrent was weak as major consuming industries continued to stay away but the market managed to sustain at the prevailing levels on supply concerns.
Sheet rubber closed unchanged at Rs 163 a kg, as reported by traders.
The grade dropped to Rs 163 (Rs 164) at Kottayam and Kochi, according to the Rubber Board.
November contracts declined to Rs 163.15 (Rs 164.47), December to Rs 165.40 (Rs 166.63) and January to Rs 167.40 (Rs 168.96) for RSS 4 while the February and March futures remained inactive on the National Multi Commodity Exchange.
RSS 3 (spot) closed at Rs 160.41 (Rs 160.40) at Bangkok.
October futures closed at ¥251.50 (Rs 157.18) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg follow: RSS-4: 163 (163); RSS-5: 155 (156); Ungraded: 152 (153); ISNR 20: 156 (156) and Latex 60%: 124 (125).
Source: The Hindu
