Business Daily from THE HINDU group of publications Sunday, Jul 08, 2007 ePaper |
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Agri-Biz & Commodities
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Rubber Spot rubber prices unchanged
Aravindan Kottayam, July 7 Spot rubber finished almost unchanged on Saturday. The market activities were neutral as there was no influence from the global indices owing to weekend holidays. Most of the dealers expected a positive trend next week. Sheet rubber closed steady at Rs 74 a kg at Kottayam. The grade settled higher by 50 paise at Rs 74.50 a kg at Kochi. Futures firm
The rubber futures finished firm on NMCE. The July delivery contract was better at Rs 74.50 (74.29), August at Rs 76.24 (75.99), September at Rs 76.80 (76.27) and October at Rs 77.08 (76.29) per kg for RSS 4. Spot prices were (Rs/k): RSS-4: 74 (74); RSS-5: 71.50 (71.50); ungraded: 69.75 (69); ISNR 20: 71 (71) and latex 60 per cent: 56.30 (56.85).
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