Financial Daily from THE HINDU group of publications
Sunday, Sep 18, 2005
Financial Daily from THE HINDU group of publications Sunday, Sep 18, 2005 |
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Agri-Biz & Commodities
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Rubber Mixed trend in rubber prices Our Correspondent
Kottayam , Sept. 17 SPOT rubber showed a mixed trend on Saturday. According to sources, the market still appeared to be in a holiday mood and RSS 4 closed steady at Rs 60 a kg both at Kottayam and Kochi in a rather dull trading session, while RSS 5 improved on scattered buying from the non-tyre sector, ISNR 20 firmed up on strong export enquiries. Latex 60 per cent also improved on better demand and low supply. The NMCE rubber futures turned weak quoting the October contract at Rs 59.40 (59.71), November contract at Rs 57.79 (57.82), December contract at Rs 58.04 (58.22) and January contract at Rs 58.78 (58.78) per kg for RSS 4. The total transactions were low at 449 lots; trading 305 lots in October,56 lots in November, 39 lots in December and 49 lots in January. Spot prices a kg were: RSS-4: Rs 60 (Rs 60); RSS-5:Rs 58.50 (Rs 58.25); ungraded: Rs 55.50 (Rs 55.50); ISNR 20: Rs 59.25 (Rs 59); and latex 60%:Rs 40 (Rs 39.50).
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