Business Daily from THE HINDU group of publications Sunday, Dec 02, 2007 ePaper | Mobile/PDA Version |
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Agri-Biz & Commodities
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Rubber Spot rubber prices close weak Aravindan Kottayam, Dec. 1 Sheet rubber finished weak at the weekend session. RSS 4 declined by 50 paise to Rs 93 a kg at Kottayam on buyer resistance while it was quoted steady at Rs 93.50 a kg at Kochi. The physical market was almost neutral in the absence of global guidance. Futures declineThe December contract fell to Rs 93.90 (95.33) a kg on MCX. On NMCE, the December contract declined sharply to Rs 94.55 (95.87), January to Rs 96 (97.09), February to Rs 97.80 (98.58) and March to Rs 99.62 (100.46) per kg for RSS 4. Spot prices per kg were: RSS-4: 93 (93.50); RSS-5: 90.50 (90.50); ungraded: 85.50 (85.50); ISNR 20: 89 (89) and latex 60 per cent: 62 (62). More Stories on : Rubber
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