Spot rubber rules steady bl-premium-article-image

Our Correspondent Updated - January 14, 2013 at 09:10 PM.

Spot rubber finished unchanged on Monday.

The market lost its direction amidst extremely poor volumes as the trend setting domestic and international futures markets were on holidays.

Sheet rubber finished flat at Rs 163 a kg at Kottayam and Kochi, according to traders and the Rubber Board.

The National Multi Commodity Exchange (NMCE) remained closed owing to ‘Uttarayan’.

RSS 3 (spot) weakened to Rs 183.70 (185.06) a kg at Bangkok.

The Tokyo Commodity Exchange (TOCOM) remained closed on account of the ‘Coming of Age Day’.

Spot rates were (Rs/kg): RSS-4: 163.50 (163.50); RSS-5: 158 (158); ungraded: 153.50 (153.50); ISNR 20: 159 (159) and latex 60 per cent: 108 (108).

Published on January 14, 2013 15:32