Kottayam: The rubber prices firmed up on Aug 29. In the physical front, sheet rubber improved to Rs 86 from Rs 85 a kg on the previous weekend. On NMCE, the September contract increased to Rs 87.89 (85.56), October to Rs 82.61 (80.92), November to Rs 80.90 (80.05) and December to Rs 80.80 (79.90) per kg for RSS 4. The September contract was better at Rs 87.11 against Rs 86.39 a kg on MCX. The open interest stood at 4,791 (4,874) lots with 2,350 (2,508) lots in September, 1,625 (1,616) lots in October, 618 (601) lots in November and 198 (149) lots in December on NMCE. The volumes totalled 2,363 (760) lots. RSS 3 fell at its September futures to 240.5 Yen (Rs 86.60) a kg from 245.4 Yen a kg at TOCOM. Spot prices per kg were: RSS-4: 86 (85); RSS-5: 83.50 (83); ungraded: 81 (80); ISNR 20: 83 (82.50) and latex 60 per cent: 61.05 (60).
Source : www.indian-commodity.com
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