KOTTAYAM, DEC. 5:
Spot rubber showed a mixed mood on Wednesday. Covering purchases at lower levels following a moderate recovery in the domestic and international futures kept selected counters firm during closing hours. But the overall gains were limited in the absence of quantity buyers even at lower levels. Sheet rubber increased to Rs 161 (160) a kg, according to traders. The grade firmed up to Rs 162 (161) a kg at Kottayam and Kochi as reported by the Rubber Board.
The December series recovered to Rs 165.25 (163.83), January to Rs 167.45 (165.82), February to Rs 169.79 (167.59) and March to Rs 171.78 (170.14) a kg on the National Multi Commodity Exchange.
RSS 3 improved at its December delivery to ¥251.5 (Rs 166.65) from ¥250 a kg during the day session and then to ¥252.2 (Rs 167.11) a kg in the night session on the Tokyo Commodity Exchange.
Spot rates were (Rs/kg): RSS-4: 161 (160); RSS-5: 156 (156); ungraded: 151 (151); ISNR 20: 156 (157) and latex 60 per cent: 106 (107).
Source: Business Line
