Friday, October 3, 2008

Japanese Rubber Futures Made A Firm Began - Oct 3, 2008

Kottayam: Spot rubber ended unchanged on Oct 1. Sheet rubber RSS 4 ended flat at Rs 112 kg as on Sept 30. The Japanese rubber futures made a firm began followed by a bounce back in oil futures. The prices increased further on short covering with the nearby contracts leading the way up. Spot rates were (Rs/kg): RSS-4: 112 (112); RSS-5: 110 (110); ungraded: 105 (105); ISNR 20: 109 (109) and latex 60 per cent: 76 (76).

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