Financial Daily from THE HINDU group of publications Saturday, Mar 13, 2004 |
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Agri-Biz & Commodities
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Rubber Mixed trend in rubber Our Correspondent
Kottayam , March 12 THE spot rubber market showed a mixed trend on Friday. The re-entry of the covering groups helped the prices of selected grades to recover, while RSS 5 and latex remained unchanged in a rather inactive trading session. The severe dry weather prevailing in the State has created panic and tappinghas come to a standstill.
The futures market showed a positive trend on Friday. The near-month April delivery was quoted at Rs 56.88 (56.71), May delivery at Rs 58.97 (58.96) and June delivery at Rs 61.09 (60.91) per kg for RSS 4.
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