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Saturday, Feb 07, 2004

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Agri-Biz & Commodities - Rubber


Rubber prices rebound

Our Correspondent

Kottayam , Feb. 6

PHYSICAL rubber prices made a come back on Friday. RSS 4 closed at Rs 50.00 against Rs 49.50 on Thursday. All the grades recovered the previous days losses as sellers refused to part with their stock below Rs.50 level. Scattered buying helped the market recovery

The futures market was better with February delivery quoting at Rs 50.24 (Rs 49.64), March delivery at Rs 51.89 (Rs 51.69), April delivery at Rs 53.95 (Rs 53.69), May delivery at Rs 56.28 (Rs 55.98) and June delivery at Rs 58.31 (Rs 57.97) per kg for RSS 4.

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