Spot rubber closed unchanged on Thursday. The market was in a holiday mood and the National Multi Commodity Exchange was closed for May Day. Transactions were extremely low.
Sheet rubber closed steady at ₹142.50 a kg, according to traders. The grade improved to ₹142 (141.50) and ₹139 (138.50) respectively, as quoted by the Rubber Board and dealers. RSS 3 (spot) weakened to ₹126.96 (127.77) at Bangkok. The May futures slid to ¥204.8 (₹120.65) a kg on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 142.50 (142.50); RSS-5: 138 (138); Ungraded: 134 (134); ISNR 20: 131 (131) and Latex 60%: 114 (114).
The Hindu