KOTTAYAM, OCT. 17:
Spot rubber ruled firm on Wednesday. A partial recovery in domestic futures kept the local prices firm during closing hours.
Sheet rubber improved to Rs 184.00 (Rs 183.00) a kg, according to traders and the Rubber Board. The trend was mixed.
In the futures market, November contracts increased to Rs 184.79 (Rs 182.38), December to Rs 185.60 (Rs 183.58), January to Rs 187.00 (Rs 184.98), February to Rs 188.24 (Rs 185.86) and March at Rs 188.70 (Rs 188.56) on the National Multi Commodity Exchange.
RSS 3 (spot) weakened to Rs 168.81 (Rs 170.32) at Bangkok. The October futures increased from ¥250.9 to ¥252.6 (Rs 169.82) in the night session on the Tokyo Commodity Exchange.
Spot prices (Rs/kg) were: RSS-4: 184 (183); RSS-5: 176 (175); Ungraded: 169 (167); ISNR 20: 163 (163) and Latex 60%: 119 (119).
Source: Hindu Business Line
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