KOTTAYAM, SEPTEMBER 16:
Physical rubber prices firmed up further on Tuesday. Though major consuming industries continued to stay back from the local market, the commodity managed to regain strength on covering purchases at lower levels.
Sheet rubber increased to Rs 125 (Rs 123) a kg, according to traders. The grade was quoted firm at Rs 123.50 (Rs 122.50) and Rs 120.50 (Rs 119.50) respectively, by the Rubber Board and dealers. October futures declined to Rs 118.20 (Rs 121.52), November to Rs 118.20 (Rs 121.68), December to Rs 118.75 (Rs 122.10) and January to Rs 120.17 (Rs 121.58) on the National Multi Commodity Exchange.
RSS 3 (spot) closed at Rs 100.63 (Rs 100.19) at Bangkok. September futures closed at ¥178.3 (Rs 101.64) on the Tokyo Commodity Exchange.
Spot rubber rates (Rs / kg): RSS-4: 125 (123); RSS-5: 116 (115); Ungraded: 105 (103) ISNR 20: 103 (102) and Latex (60% drc): 87 (87).
– The Hindu
