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

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, Dec. 23 Spot rubber showed a mixed trend on Tuesday. Declines in the domestic futures kept the physical market under pressure on late trading hours. Sheet rubber closed unchanged at Rs 70 a kg after hitting an intraday high at Rs 72 a kg on buyer resistance. Major consuming industries continued to sideline the market but the remaining grades except ISNR 20 made moderate gains on fresh buying coupled with short covering.

In futures, RSS 4 weakened at its January contract to Rs 68.69 (70.15), February to Rs 68.70 (70.32), March to Rs 69 (70.44) and April to Rs 69.98 (72.14) a kg on National Multi Commodity Exchange (NMCE). RSS 3 (spot) improved to Rs 63.50 from Rs 62.44 a kg at Bangkok. The Tokyo Commodity Exchange (TOCOM) remained closed on account of a national holiday, the ‘Emperor’s Birthday’.

Spot rates were (Rs/kg): RSS-4: 70 (70); RSS-5: 68.50 (68); ungraded: 66 (65); ISNR 20: 66 (66) and latex 60 per cent: 46 (45).

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