Spot rubber prices ruled steady on Monday.
Sentiments remained almost neutral and the market lost its direction in the absence of local guidance, as the domestic futures market was closed for Holi.
Transactions were low. Sheet rubber was quoted unchanged at ₹149.50 a kg by traders.
The grade finished flat at ₹149 and ₹146 respectively, according to the Rubber Board and dealers.
RSS 3 (spot) improved to ₹143.28 (₹141.02) at Bangkok. March futures closed at ¥242.5 (₹145.68) on the Tokyo Commodity Exchange.
Spot rates
Spot rubber rates (₹/kg) were: RSS-4: 149.50 (149.50); RSS-5: 146 (146); Ungraded: 143.50 (143.50); ISNR 20: 143 (143) and Latex 60%: 111 (111).
The Hindu