The Hindu Business Line : Bullish trend in physical rubber

PHYSICAL rubber prices maintained the bullish trend on Tuesday. Sheet rubber and latex improved on acute shortage, while ISNR 20 firmed up on moderate export buying.

The inflow of the raw material to the main marketing centres continued to be extremely thin as most of the growers preferred to hold the stocks.

The NMCE rubber turned better with the October contract quoting at Rs 62.51 (61.70), November at Rs 61.49 (60.47), December at Rs 60.80 (59.91) and January contract at Rs 61 (60.07) a kg for RSS 4.

The spot rubber rates were as follows: RSS-4 62.25 (62), RSS-5 59.50 (59.50), ungraded 58.50 (58.50), ISNR 20 61.50 (61), and latex 60 per cent 41.50 (41).

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

Stories in this Section
IPSTA to use V-Sat connectivity for trading

Farm loans to be 20 pc of Allahabad Bank's credit flow

`Asia, Africa yet to exploit opportunity in aquaculture'

Indian shrimp prices decline in US markets
Festival demand fails to spark; exporters look to Japan

TN: Planters, unions sign new wage accord

Bullish trend in physical rubber

Exports boost tea prices

A human touch that ensures purity of ginned cotton in a mechanised world

Cashew body plans slew of initiatives to promote exports

States told to speed up agri marketing reforms
Move away from traditional grain-based strategy, says PM