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Aravindan

Kottayam, Nov. 1 The domestic rubber turned better following a sharp rise in global indices. December futures for RSS 3 flared up to 290.6 yen (Rs 98.59) from 282.9 yen a kg at TOCOM. The Japanese trendsetter finished extremely positive hitting the daily upward limit of 8 yen in all distant contracts from January to April 2008. .On NMCE, the November contract improved to Rs 98.70 (97.58), December to Rs 98.86 (98.01), January to Rs 99.90 (98.55) and February to Rs 100.80 (99.94) per kg for RSS 4. The November contract rose to Rs 98.75 from Rs 98.38 a kg on MCX. The physical rubber market remained closed owing to a State wide hartal.

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