• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• 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

Our Correspondent

Kottayam, Nov. 26 The international rubber remained firm reacting to the bull run in crude oil which flared up to $98.69 a barrel creating yet another intermediate high on Monday. The December futures for RSS 3 recovered to ¥265 ( Rs. 97.15) from ¥262.5 a kg at TOCOM. The grade’s spot improved by 81 paise to Rs. 97.04 a kg at Bangkok.

Sheet rubber moved up in tandem with the domestic and international futures. RSS 4 closed firm at Rs 94.50 against Rs 93.50 a kg both at Kottayam and Kochi as sellers stayed back hopefully for better quotes. RSS 5 was down by 50 paise on low demand, while the volumes were dull amidst a mixed trend.

The December contract finished firm at Rs 95.80 against Rs 94.00 a kg on MCX. On NMCE, the December contract moved up to Rs. 96.71 ( 94.48), January to Rs 98.25 ( 96.45), February to Rs 99.55 ( 97.78) and March contract to 101.80 ( 99.51) per kg for RSS 4. The volumes totalled 1,654 ( 533 ) tonnes.

Spot prices were (Rs a kg): RSS-4 : 94.50 ( 93.50)RSS-5 : 90.00 ( 90.50)Ungraded : 85.00 ( 84.50)ISNR 20 : 90.00 ( 90.00)andLatex 60% : 63.00 ( 63.00

More Stories on : Rubber

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

Stories in this Section
TN paddy farmers plan protest march in Delhi

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