Financial Daily from THE HINDU group of publications
Friday, Aug 09, 2002

Port Info

Group Sites

Agri-Biz & Commodities - Rubber

Rubber static on thin buys

Our Correspondent


THE rubber market continued to remain subdued in the absence of both buying and selling pressures.

The thin purchases of the tyre and non-tyre sectors further narrowed down to keep the market sluggish.

However, the tendency of the international market as noticed at present was to firm up gradually after a fall to touch Rs 39.38 a kg recording an increase of 53 paise on Thursday which again brought the prices to a higher level giving the hope for better returns ahead for growers to their produce.

Sheet rubber RSS-4 slipped to Rs 37.25 a kg from Rs 37.50 on Wednesday while ungraded also fell to Rs 33.25 from Rs 33.50.The prices of other grades remain steady as block rubber ISNR-20, RSS-5 and latex 60 per cent were traded at Rs 34, Rs 33.50 and Rs 30 respectively.

Send this article to Friends by E-Mail

Stories in this Section
Norms to reschedule crop loans to drought-hit soon

Charity work takes a green hue
Karnataka Govt assistance sought for horticultural institute
Rubber static on thin buys
Rice export price may be increased further
Monsoon revives hopes of higher oilseeds output
Govt clears market study to boost cashew exports
Review farm talks under WTO, CII tells Govt
Upasi annual meet next month
Rains cheer Maharashtra farmers
Widespread rains in AP revive hopes
Pricey harvest

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line