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Commodity Commentary
Apr 30 2008 9:15AM
Mixed trend in spot rubber
Spot rubber witnessed a mixed trend on Tuesday. RSS 4 ended flat at Rs 117 per kg at Kottayam, though the grade touched an intra-day low at Rs 116 per kg on early trades, while it was quoted at Rs 117.25 per kg at Kochi. RSS 3 (spot) slipped by 38 paise to Rs 114.81 per kg at Bangkok.

On NMCE, May futures improved to Rs 117.51 (117.21), June to Rs 115.70 (115.01) and July to Rs 111.25 (110.73) per kg while August slipped further to Rs 108.40 (108.79) per kg for RSS 4.

Spot prices were (Rs/kg): RSS-4: 117 (117); RSS-5: 115 (116); ungraded: 113 (114); ISNR 20: 114.50 (115) and latex 60%: 78.50 (78.50).

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