• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Correspondent

Kottayam, June 26 Physical rubber prices improved further on Thursday. RSS 4 closed firm at Rs 128 against Rs 127.50 a kg on covering purchases.

The transactions were low.The market seemed to be experiencing the shortage of raw material once again as south-west monsoon began to strengthen all over the plantation areas. The absence of major manufacturers on the buyers side and the slip in global indices were the dominating factors restricting the day’s price movements.

RSS 3 weakened at its July futures to ¥342.3 (Rs 135.65) from ¥343.5, August to ¥342.9 (¥344.1), September to ¥343.5 (£345.2), October to ¥344.1 (¥346.0), November to ¥345.5 (¥346.9) and December to ¥347.9 (¥349.7) a kg at TOCOM. The grade moved down to Rs 139.65 from Rs.140.08 a kg at Bangkok.

The per kg spot prices were:RSS-4 : 128 (127.50); RSS-5 : 125.50 (125); ungraded : 124 (123); ISNR 20 : 127 (126) and latex 60% : 86.50 ( 86).

More Stories on : Rubber

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

Stories in this Section
Rains to spread as Bay circulation persists

Copyright © 2008, 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