• 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

Aravindan

Kottayam, Aug. 25 Rubber prices showed a mixed mood on Monday. The trading activities were dull amidst low volumes as there were no quantity buyers or sellers in the market.

A bounce back in TOCOM August futures after a weak start kept the domestic buyers slightly active on sheet rubber. The grade improved to Rs 138 from Rs 137 a kg on the previous week end. It may take a few more weeks for an improvement in arrivals even after a favourable turn in weather, sources said.

Currently, the market is waiting revised quotes from major consuming industries and it would be difficult for rubber to sustain at current levels without enough support for a long time.

The August contract for RSS 3 expired sharply higher at ¥344 (Rs 137.06) from ¥328.7 a kg, while its September futures improved to ¥326.8 (¥321.4), October to ¥323.7 (¥319.6), November to ¥318.3 (¥313.5), December to ¥314.7 (¥310.3) and January to ¥312.1 (¥309.7) a kg at TOCOM. The grade (spot) firmed up to Rs 125.81 (124.11) a kg at Bangkok.

Spot prices were (Rs/kg): RSS-4: 138 (137); RSS-5: 134.50 (134.50); ungraded: 128 (128); ISNR 20: 130.50 (131.50) and latex 60 per cent: 80 (81).

More Stories on : Rubber

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

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