Spot rubber continued to rule unchanged on Thursday. Though the market seemed to be suffering from acute short supplies, the absence of genuine buyers kept it neutral during the day. RSS 4 was quoted steady at 129 a kg by traders. The grade improved to 129.50 (129) and 126.50 (126) respectively, according to the Rubber Board and dealers.
July futures weakened to 130.15 (130.37), August to 130.90 (131.45) and September to 130.70 (131.16) on the National Multi Commodity Exchange. RSS 3 (spot) slipped to 109.36 (109.58) at Bangkok. July futures closed at ¥207.7 (106.84) on the Tokyo Commodity Exchange. Spot rubber rates (/kg): RSS-4: 129 (1 p29); RSS-5: 127 (127); Ungraded: 116(116); ISNR 20: 118 (118) and Latex 60%: 117 (117). – The Hindu Line