Financial Daily from THE HINDU group of publications
Saturday, Nov 06, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Rubber


Spot rubber rules steady

Our Correspondent

Kottayam , Nov. 5

THOUGH the buying pressure eased a tad, the physical rubber market maintained a steady trend amidst low arrivals on Friday.

The covering groups buying on behalf of the major tyre groups procured sheet rubber up to Rs 53.25 but they were unwilling to enhance the quotes further. While the selected grades closed static, latex lost marginally on less demand.

The NMCE futures turned weak on Friday. The November delivery was quoted at Rs 54.43 (54.71), December delivery at Rs 55.00 (55.19), January delivery at Rs 56.07 (56.21) and February delivery at Rs 57.02 (57.22) per kg for RSS 4.

At Bangkok, RSS 3 was static at Rs 57.48 while the TOCOM December futures for the same grade improved to 137.2 yen from 136.6 yen a kg on Thursday.

The spot market rates per kg on Friday were: RSS 4 Rs 53.25 (53.25); RSS 5 Rs 52.25 (52.25); ungraded Rs 49.50 (49.50); ISNR 20 Rs 52.75 (52.75); latex 60 per cent Rs 39.50 (40).

More Stories on : Rubber

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Reliance to foray into medicinal farming


Seafood export prices fall on excess catch
Spot rubber rules steady
Nod for Alapuzha coir cluster project
Scientists for Jakarta to study carotenoid content in palm oil
Coorg planters brew success in home stays
ISO award for Hittakkal group
Coffee Board on verge of starting quality certificate rating system



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

Copyright © 2004, 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