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

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, June 15 The domestic rubber rates declined on Monday. In spot, the prices surrendered mainly on buyer resistance following the weak closing in futures. Sheet rubber moved down to Rs 98 from Rs 99 a kg amidst marginal selling from dealers. There were no fresh enquiries from major consuming industries.

The June futures for RSS 4 expired weak at Rs 97.00 (98.92) a kg while its July futures downed the shutters at Rs 95.70 (97.46), August at Rs 93.88 (95.26) and September at Rs 91.51 (92.89) a kg on National Multi Commodity Exchange (NMCE). RSS 3 weakened at its June futures to ¥154 (¥158.7) (Rs 75.04), July futures to ¥154.5 (¥159.1), August to ¥156.5 (¥161.5), September to ¥158.2 (¥163.8), October to ¥160.4 (¥166.3) and November futures to ¥162.6 (¥168.6) a kg during the morning session on TOCOM. The grade concluded at ¥148 (Rs 72.12), ¥153.8, ¥157.4, ¥159.4, ¥161.8 and ¥164.4 a kg consecutively during the night session. RSS 3 moved down to Rs 80.99 (81.11) a kg on Singapore Commodity Exchange (SICOM). Its spot closed at Rs 81.50 (82.36) a kg at Bangkok.

Spot rates were (Rs/kg): RSS-4: 98 (99); RSS-5: 95.50 (96.75); ungraded: 92.50 (93.50); ISNR 20: 91 (91.50) and latex 60 per cent: 81.50 (80).

More Stories on : Rubber

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

Copyright © 2009, 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