• 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, July 10 Domestic rubber seemed to have regained its strength from the news on declining stock piles and a sharp fall in arrivals. According to sources, monsoon rains almost put a halt to tapping. Moreover the contagious fever has paralysed the plantations in hilly areas since most of the workers are suffering from the disease and its prolonged after effects. Sheet rubber RSS 4 firmed up to Rs 76 from 75 a kg both at Kottayam and Kochi. “We are also optimistic about the outcome of the exporters meet held at Rubber Board the other day,” traders said.

The rubber futures stayed in tune with the domestic sentiments and moved up further ignoring the global weakness. The July contract on NMCE improved to Rs 76.49 (74.99), August to Rs 78.82 (77.95), September to Rs 80.10 (78.99) and October to Rs 80.40 (79.42) per kg for RSS 4. The August contract finished the session at Rs 79 (78.14) a kg on MCX.

Spot prices were (Rs/kg): RSS-4: 76 (75); RSS-5: 74 (73); ungraded: 72 (71); ISNR 20: 73.25 (72) and latex 60 per cent: 57.35 (56.85).

More Stories on : Rubber

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

Stories in this Section
Salvage operations

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