Business Daily from THE HINDU group of publications Sunday, Jul 15, 2007 ePaper |
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Agri-Biz & Commodities
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Rubber Low volumes keep spot rubber flat
Aravindan Kottayam, July 14 Spot rubber was steady in the weekend session. RSS 4 closed at Rs 81 a kg both at Kottayam and Kochi as on Friday. Futures weak
The rubber futures weakened on NMCE except for its July contract which expired at Rs 81.20 (80.50) a kg, while the August contract slipped to Rs 81.88 (82.09), September to Rs 81.90 (82.56) and October contract to Rs 81.75 (82.73) per kg for RSS 4. The volumes were 1,466 (4,194) tonnes. The August contract slipped to Rs 81.90 (82.10) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 81 (81); RSS-5: 79.50 (79.50); ungraded: 77 (77); ISNR 20: 79 (79) and latex 60 per cent: 58.40 (58.40).
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