• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Correspondent

Kottayam , June 9

THE domestic spot rubber market remained almost steady with minor variations on Wednesday.

As the major manufacturers were not willing to buy at higher levels RSS 4 closed slightly lower at Rs 61.25 against Rs 61.50 on brisk trading.

Though the reports from the world markets were not encouraging, the market sustained at current levels due to acute shortage of rubber. Meanwhile, ISNR 20 also lost in the absence of fresh demand and the other grades were static with less trading interest.

The futures market also ruled steady on Wednesday. The June delivery was quoted at Rs 61.17 (Rs 61.11), July delivery was quoted at Rs 60.20 (Rs 60.24), August delivery at Rs 58.15 (Rs 58.21) and September delivery at Rs 57.24 (Rs 57.20) per kg for RSS 4.

The TOCOM July futures for the RSS 3 fell to 150.3 yen from 153.2 yen a kg on Tuesday.

The Wednesday physical market rates per kg were as follows: RSS 4 61.25 (61.50), RSS 5 59.50 (59.50), ungraded 59.00 (59.00), ISNR 20 57.00 (57.25) and latex 60 per cent 46.00 (46.00)

More Stories on : Rubber

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

Stories in this Section
Global rice prices seen rising on declining stocks

Copyright © 2004, 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