Financial Daily from THE HINDU group of publications
Friday, Mar 25, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Agri-Biz & Commodities - Rubber


Rubber market in holiday mood

Our Correspondent

Kottayam , March 24

THE domestic spot rubber market was relatively inactive celebrating Easter. Traders and other market participants were in a holiday mood as spot and futures markets will remain closed both on Friday and Saturday.

Sheet rubber RSS 4 closed steady at Rs 55.50 a kg at Kottayam and Kochi as on Wednesday. The extreme dry spell has put a halt to tapping and the arrivals were almost nil.

The NMCE futures showed a better trend on Thursday. The April contract was traded at Rs 56.99 (56.85), May contract at Rs 59.09 (58.70), June contract at Rs 60.24 (60.10) and July contract at Rs 61.28 ( 61.05) per kg for RSS 4. The spot rubber rates per kg were: RSS-4: Rs 55.50 (55.50); RSS-5 : Rs 54 (54); ungraded: Rs 53.50 (53.50); ISNR 20: Rs 54 (54); and latex 60 per cent: Rs 40 (40).

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


Stories in this Section
`No-rain' week for 10 districts in Kerala


When Ms Rice and Mr Wheat came calling
Inflation down despite costlier food items
Rubber market in holiday mood
Lower free-sale sugar quota for April-June quarter
Nurturing hope
Gold may test support level
Nabard employees strike work to stall dilution of DFI status
Good going
Concerns over global soya crop mounting


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

Copyright © 2005, 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