The Hindu Business Line : Rubber prices firm as sellers withdraw

RUBBER market firmed up on Friday following the withdrawal of the sellers, noticing the uptrend in the international market, which is now over Rs 2 per kg ahead of the Indian rate for RSS 4.

In the domestic market, RSS 4 closed at Rs 49 against Rs 48.25 per kg as on Thursday. The international market at Bangkok improved by 56 paise to close at Rs 51.13 per kg for RSS 3 on Friday

The futures market opened better but declined slightly on buyer resistance towards mid-session. October delivery was quoted at Rs 48.50 (Rs 48.59), November delivery at Rs 48.45 (Rs 48.48) , December delivery at Rs 48.45 (Rs 48.47) and January delivery at Rs 48.46 (Rs 48.48) per kg for RSS 4.

The spot market rates per kg on Friday follows: RSS 4 49 (48.25); RSS 5 46.50 (46); ungraded 45 (44.50); ISNR 20 45 (45); latex 60 per cent 37 (37).

Article E-Mail :: Comment :: Syndication

Stories in this Section
`Farm research funding worldwide down 40 pc'

Rubber prices firm as sellers withdraw

Small tea buyers avoiding 5 pc premium payment on odd lots

Naidu sees scope for pact with Israelis in farm sector

AP Govt to hold meeting on jute mill dispute

Kerala Minister's pep talk to coconut farmers

Farm Ministry moots curbs on Lankan pepper import — Calls for tariff rate quota regime; targets cloves trade too

`Cut customs duty on oilseeds; raise it for refined oil imports'