Spot rubber remains steady

On Thursday (25 March 2010), the spot rubber prices were steady as there were no sellers or buyers on either side to keep the market live during the session. Sheet rubber ended unchanged at Rs 153.50 per kg amidst scattered transactions.

The April futures for RSS 4 rose marginally to Rs 156.75 (156.34), May to Rs 158.92 (158.24), June to Rs 158.50 (157.71) and July to Rs 158.65 (157.84) per kg on National Multi Commodity Exchange.

Spot prices (Rs/kg) were: RSS-4: 153.50 (153.50); RSS-5: 152.50 (152.50); ungraded: 151 (151); ISNR 20: 151 (151) and latex 60%: 100 (100).

(bloombergutv.com)