Business Daily from THE HINDU group of publications Sunday, Apr 26, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Agri-Biz & Commodities
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Rubber Spot rubber stays firm Aravindan Kottayam, April 25 Spot rubber finished firm on Saturday. According market circles, domestic supply concerns maintained the market mood in the bullish zone though the international markets were on weekend holidays. Sheet rubber closed at Rs 101 (100) on fresh buying and short covering from traders. The transactions were low. Futures improveRSS 4 improved at its May futures to Rs 102.85 (101.20), June to Rs 99.79 (98.85), July to Rs 96.52 (95.54) and August futures to Rs 93.37 (92.75) a kg on National Multi Commodity Exchange (NMCE). Spot rates were (Rs/kg): RSS-4: 101 (100); RSS-5: 98 (97.50); ungraded: 96 (95); ISNR 20: 96 (95) and latex 60 per cent: 71 (71). More Stories on : Rubber
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