Business Daily from THE HINDU group of publications Saturday, Oct 25, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Agri-Biz & Commodities
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Rubber Mixed trend in spot rubber Aravindan Kottayam, Oct. 24 The rubber prices showed a mixed mood on Friday. RSS 4 closed unchanged at Rs 90 a kg as on Thursday. The presence of certain major consuming industries was felt in the marketing centres but there were no fresh quotations from them possibly due to the hesitancy to establish their interest in the raw material at the prevailing levels. Futures mixeOn the Tokyo Commodity Exchange, the October contract for RSS 3 finished firm at ¥180.6 (Rs 96.99) against ¥178.6 while the grade declined at its November futures to ¥175.2 (¥181), December to ¥175.4 (¥179.6), January to ¥169.9 (¥179.3), February to ¥172.3 (¥185.1) and March futures to ¥175.2 (¥191.2) a kg on TOCOM. RSS 3 spot improved to Rs 93.43 (91.85) a kg at Bangkok. Spot rates were (Rs/kg): RSS-4: 90 (90); RSS-5: 88 (88); ungraded: 85.25 (86); ISNR 20: 86 (86) and latex 60 per cent: 65.50 (67.50). More Stories on : Rubber
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