KOTTAYAM, MARCH 10:
Spot rubber prices were mixed on Monday.
The under current was weak as there was no follow up buying in the market.
Meanwhile, reports from the domestic and international futures markets kept the commodity under pressure during late trading hours.
Volumes continued to be low.
Sheet rubber finished unchanged at ₹146 a kg, according to traders. The grade declined to ₹146.50 (₹147) and ₹143.50 (₹144) respectively, according to the Rubber Board and dealers.
March futures weakened to ₹144.01 (₹144.65), April to ₹149 (₹149.66), May to ₹152.10 (₹152.67) and June to ₹154.55 (₹154.70), while July futures improved to ₹158.60 (₹156.60) on the National Multi Commodity Exchange.
RSS 3 (spot) dropped to ₹135.21 (₹137.74) at Bangkok. March futures closed at ¥232.4 (₹136.84) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: 146 (146); RSS-5: 143.50 (144); Ungraded: 141.50 (142); ISNR 20: 143 (143); and Latex 60%: 113 (116).
Source: The Hindu
