Financial Daily from THE HINDU group of publications
Wednesday, Jun 11, 2003
Financial Daily from THE HINDU group of publications Wednesday, Jun 11, 2003 |
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Agri-Biz & Commodities
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Rubber Rubber weakens Our Correspondent
KOTTAYAM, June 10 THE rubber market weakened due to mild selling pressure from growers and the prices of RSS 4 and RSS 5 moved down since there was no enquiry from the tyre sector. The international market also weakened to Rs 48.38 per kg for RSS 3. The July delivery was traded at Rs 51.15 and August delivery at Rs 51.10 against Rs 51.30 and Rs 51.20 respectively on Tuesday. The per kg spot market rates were as follows on Tuesday RSS 4: Rs 49.50 (Rs 49.75); RSS 5 Rs 48.50 (Rs 48.75); Ungraded rubber Rs 47.50 (Rs 47.75); ISNR 20 Rs 48.50 (Rs 48.50); latex concentrate Rs 38 (Rs 38).
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