Financial Daily from THE HINDU group of publications
Wednesday, Nov 19, 2003
Financial Daily from THE HINDU group of publications Wednesday, Nov 19, 2003 |
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Agri-Biz & Commodities
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Rubber Dull trading in rubber market Our Correspondent
Kottayam , Nov. 18 THE rubber market remained passive on Tuesday as buyers and sellers turned cautious. Sheet rubber RSS 4 remained flat at Rs 53 on Tuesday, while ungraded rubber lost 50 paise and latex gained 50 paise in a mixed trend. Arrivals narrowed as the price lost charm. Transactions were also on a low key. The Bangkok market continued its downtrend with RSS 3 quoting at Rs 59.28 against Rs 59.85 a kg on Monday. The futures market ruled weak with December delivery quoting at Rs 54.39 (54.50), January at Rs 56.35 (56.42) February at Rs 58.19.( 58.23) March at Rs 59.90 ( 59.46) and April delivery at Rs 60.59 (60.64) per kg for RSS 4. The market opened weak but improved marginally on favourable global market reports
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