Financial Daily from THE HINDU group of publications
Thursday, Aug 26, 2004
Financial Daily from THE HINDU group of publications Thursday, Aug 26, 2004 |
||
|
|
||
|
Agri-Biz & Commodities
-
Rubber Rubber steady Our Correspondent
Kottayam , Aug. 25 PHYSICAL rubber prices maintained a steady trend on Wednesday. Buying from the non-tyre sector added 25 paise to ungraded rubber, the only gainer of the day while sheet rubber closed at Rs 54 a kg as on Tuesday. According to sources exporters were also showing some interest in the market but they were reported to be buying from the futures. The futures market firmed up further on Wednesday. The near month September delivery was quoted at Rs 53.91 (53.47), October delivery at Rs 52.75 (51.23), November delivery at Rs 52.25 (51.82) and December delivery at Rs 51.98 (51.66) per kg for RSS 4. RSS 3 improved to Rs 57.96 from Rs 57.85 on Tuesday at Bangkok .The September futures for RSS 3 closed at 137.6 yen from 137.4 Yen a kg at TOCOM. The Wednesday spot market rates per kg were as follows: RSS 4 Rs 54.00 (54.00), RSS 5 Rs 51.00 (51.50), Ungraded Rs 49.25 (49.00), ISNR Rs 20 49.50 (49.50) and latex 60% Rs 37.50 (37.50).
More Stories on : Rubber
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
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
|