![]() Financial Daily from THE HINDU group of publications Thursday, May 26, 2005 |
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Agri-Biz & Commodities
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Rubber Spot rubber prices decline Our Correspondent
Kottayam , May 25 DOMESTIC spot rubber prices declined on Wednesday following all-round selling in June, July, August and September futures at the Tokyo Commodity Exchange. (TOCOM).
Most of the buyers were not prepared to enlarge their commitments in an uncertain market. Futures continued to shed gains with moderate volumes in near months. June contract was quoted at Rs 63.04 (Rs 63.40), July at Rs 63.18 (Rs 63.74), August at Rs 61.24 (Rs 61.63) and September at Rs 59.30 (Rs 59.27) a kg for RSS 4. Prices per kg were as follows: RSS-4 : 63.50 (63.75); RSS-5: 61.50 (61.75); ungraded : 59.50 (59.50); ISNR 20 : 59.75 (60.50) and latex 60 per cent: 40.75 (41.00).
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