• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Aravindan

Kottayam March 30 Spot rubber was steady on Friday. Initially, the market lost ground in the morning session lacking buyers but recovered later to conclude flat in the wake of a bullish trend in international and domestic futures.

Sheet rubber closed unchanged at Rs 93.50 a kg at Kottayam. But the grade was slightly better by 25 paise at Rs 94 a kg at Kochi. We expect the market activities to improve in the new financial year next week, sources said.

Futures gain

The rubber futures recorded all-round gains possibly on fresh buying coupled with short covering at lower levels. On NMCE, the April contract moved up to Rs 93 (91.51), May to Rs 96.70 (95.02), June to Rs 99.65 (98.05) and July to Rs 100.41 (99.35) a kg for RSS 4.

Spot rubber prices were (Rs/kg): RSS-4: 93.50 (93.50); RSS-5: 92.50 (92.50); Ungraded: 91.50 (91.50); ISNR 20: 92.50 (92.50) and Latex 60 per cent: 64.20 (64.20).

More Stories on : Rubber

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

Stories in this Section
`Uncertain Govt policies hamper investor interest in futures'

Copyright © 2007, 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