Physical rubber prices made further gains on Thursday (09 May 2013). The market opened steady but a late recovery in domestic futures kept the local buyers active in most counters. The sentiments were further catalyzed by firm international indices. The overall market mood was positive but the trend was partially mixed.
The May series closed at Rs 166.70 (Rs 166.46); June Rs 166.65 (Rs 166.74); July Rs 165.12 (Rs 164.78); August Rs 163.15 (Rs 163.39) and October 163.50 (Rs 163.00) while the September futures remained inactive on the National Multi Commodity Exchange.
Spot rubber rates were (Rs/kg) - RSS-4: 167.50 (167); RSS-5: 164.00 (163); Ungraded: 157.00 (157); ISNR 20: 157.50 (157.50); and Latex 60%: 107.00 (106).
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