Physical rubber prices continued to remain unchanged on Tuesday.
The market lost its direction as there were no active traders in the local trading houses in the first trading day of the new financial year.
Sheet rubber was quoted steady at ₹149.50 a kg, by traders.
The grade closed unchanged at ₹149 and ₹146 respectively, according to the Rubber Board and dealers.
April futures weakened to ₹146.85 (₹146.77) May to ₹150.85 (₹150.75), June to ₹153.60 (₹154.06) and July to ₹154.10 (₹154.62) and August to
₹151.40 (₹155.20) while the September futures firmed up to ₹157.96 (₹155.63) while the August and September futures remained inactive on the National Multi Commodity Exchange (NMCE).
RSS 3 (spot) inched up to ₹140.82 (₹140.10) at Bangkok. April futures closed at ¥250.8 (₹145.77) on the Tokyo Commodity Exchange.
Spot rubber rates ₹/kg were: RSS-4: 149.50 (149.50); RSS-5: 145.50 (145.50); Ungraded: 142 (142); ISNR 20: 142 (142) and Latex 60%: 111 (111).
The Hindu
