Financial Daily from THE HINDU group of publications
Thursday, Jan 13, 2005
Financial Daily from THE HINDU group of publications Thursday, Jan 13, 2005 |
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Agri-Biz & Commodities
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Rubber Rubber prices steady Our Correspondent
Kottayam , Jan. 12 WEAK international markets and the absence of buying interest took the steam out of the trading floors though the rubber rates were quoted almost steady on Wednesday. RSS 5 shed 25 paise on increased offerings. In futures, January contract was quoted at Rs 52 against Rs 52.37 a kg. February contract was quoted at Rs 53.02 (Rs 53.74), March contract at Rs 54.25 (Rs 54.84) and April contract at Rs 56.20 (Rs 56.69) per kg for RSS 4. The physical rubber rates were: RSS-4: Rs 52.50(Rs 52.50), RSS-5: Rs 51.25(Rs 51.50), ungraded: Rs 50.00(Rs 50.00), ISNR 20: Rs 51.25 (Rs 51.25) and latex 60%: Rs 40.00 (Rs 40.00).
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