Business Daily from THE HINDU group of publications Sunday, Jul 29, 2007 ePaper |
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Agri-Biz & Commodities
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Rubber Spot rubber unchanged in subdued trade
Aravindan Kottayam, July 28 Physical rubber prices finished unchanged on Saturday. The market activities were subdued as the overseas commodity exchanges were closed during the weekend. Sheet rubber closed unchanged at Rs 85 a kg both at Kottayam and Kochi as on Friday. Futures gain
The futures concluded the session in the positive zone on NMCE. The August contract improved to Rs 85.31 (84.51), September to Rs 82.85 (82.42), October to Rs 82 (81.83) and November to Rs 81.55 (81.18) per kg for RSS 4. The August contract moved up to Rs 84.63 a kg from Rs 83.46 a kg on MCX. Spot rates were (Rs/kg): RSS-4: 85 (85); RSS-5: 83 (83); ungraded: 81 (81); ISNR 20: 83 (83) and Latex 60 per cent: 59.45 (59.45).
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