Business Daily from THE HINDU group of publications
Sunday, Feb 03, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Sunday, Feb 03, 2008 ePaper | Mobile/PDA Version |
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Agri-Biz & Commodities
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Rubber Spot rubber rules steady Aravindan Kottayam, Feb. 2 Spot rubber was steady in the weekend session. The market activities seemed to be quiet and neutral lacking external forces to set the mood. RSS 4 closed at Rs 94 a kg at Kottayam as on Friday, while the grade managed to close slightly higher by 25 paise to settle at the same level in Kochi. The transactions were low. Futures improveThe March futures improved to Rs 96.50 (95.87) a kg on MCX. The February contracts on NMCE finished firm at Rs 94.74 (94.46), March to Rs 96.81 (96.29), April to 99 (98.50) and May to Rs 100.83 (100.28) per kg for RSS 4. The open interest was 8,143 (8,253) tonnes. Spot prices were (Rs/kg): RSS-4: 94 (94); RSS-5: 91.50 (91.50); ungraded: 90 (90); ISNR 20: 91 (90) and latex 60 per cent: 58.50 (58.50). More Stories on : Rubber
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