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India: RSS 4 price unchanged (21-09-2015)

 

The overall volumes were low since major consuming industries continued to stay back, possibly expecting further fall in the commodity.  

Physical rubber prices were in a mixed mood on Friday. While most counters finished marginally higher amidst scattered transactions, RSS 4 closed unchanged at Rs.113.00 per kg according to traders and the Rubber Board. The grade was flat at Rs. 110.00 per kg as quoted by the dealers.

The overall volumes were low since major consuming industries continued to stay back, possibly expecting further fall in the commodity.

The October futures improved to Rs. 114.60 (114.33) and November to Rs. 114.20 (113.89) while the December futures slipped to Rs. 114.00 (114.66) per kg on National Multi Commodity Exchange (NMCE).

RSS 3 (spot) weakened Rs. 90.67 (91.58) per kg at Bangkok. The September futures declined to ¥ 159.1 (Rs. 87.74) from ¥ 163.5 (90.16) per kg during the day session and then to ¥ 158.6 (Rs.87.46) per kg in the night session on Tokyo Commodity Exchange (TOCOM).

The spot rubber rates per kg were:

RSS-4: 113.00 (113.00) RSS-5: 110.00 (109.00) Ungraded: 100.00 (99.00) ISNR 20: 99.50 (99.00) and Latex (60% drc): 82.50 (82.50)

Arrivals in tonnes;prices in Rs/quintal in domestic market.

 

Arrivals

Price

 

Current

%
change

Season
cumulative

Modal

Prev.
Modal

Prev.Yr
%change

Rubber

Jangipur(WB)

61.00

-1.61

3629.00

2720

2720

Giridih(Jha)

9.35

70.93

283.88

3500

3300

Pulpally(Ker)

2.00

33.33

174.60

9300

9500

-31.62

Vadakkenchery(Ker)

1.20

-40

154.70

9450

9750

-32.74

Ezhamkulam(Ker)

1.00

-23.08

19.40

10600

11700

-22.06

Irityy(Ker)

1.00

-66.67

320.00

9900

9800

-25.00

Punalur(Ker)

1.00

NC

41.10

3000

2800

-6.25

 

http://globalrubbermarkets.com/37041/india-rss-4-price-unchanged.html

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