7:09 am - Saturday May 25, 2013

Market on June 29: Spot rubber stays steady in dull trade

Market on June 29: Spot rubber stays steady in dull trade r rubbermarketnews 603 300x224 KOTTAYAM, JUNE 29:

Spot rubber was quoted unchanged on Friday. There were no fresh factors to a definite trend and the remained neutral lacking active traders on either side. Reports from global markets were also unimpressive. Transactions continued to be low.

Sheet rubber closed steady at Rs 186 a kg, according to traders. The grade finished flat at Rs 186.50 a kg at Kottayam and Kochi, according to the Rubber Board.

In futures, the July series improved to Rs 187.20 (185.41), August to Rs 184.75 (182.35), September to Rs 182.20 (180.78) and October to Rs 181 (178.95) a kg on the Commodity Exchange.

RSS 3 (spot) declined to Rs 183.30 (185.93) a kg at Bangkok. The July futures slipped from ¥236.2 to ¥235.1 (Rs 165.10) in the night session on the Tokyo Exchange.

Spot rates were (Rs/kg): RSS-4: 186 (186); RSS-5: 180 (180); ungraded: 174 (174); 20: 180 (180) and latex 60 per cent: 133 (133).

Source:    Market on June 29: Spot rubber stays steady in dull trade Business Line 300x40

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