• 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 , Sept. 28

SPOT rubber prices continued to register moderate gains on Tuesday. Quantum purchase orders from all sectors including the exporters boosted the market sentiments amidst low arrivals.

RSS 4 closed at Rs 52 a kg against Rs 51.50 on Monday. Market sources indicated that the futures' quotations which ruled above Rs 55 a kg for its January contract was influencing the spot market with the result many growers were reluctant to sell their stocks even at the current remunerative price.

The NMCE futures flared up further quoting October delivery at Rs 54.25 a kg against Rs 53.56 on Monday. The November delivery was quoted at Rs 54.75 (54.12), December delivery at Rs 54.90 (54.23) and January delivery at Rs 55.90 (55.45) per kg for RSS 4.

The October futures for RSS 3 improved to 141.5 yen from 138.6 yen a kg at TOCOM.

The spot market rates per kg on Tuesday were as follows: RSS 4 Rs 52 (51.50); RSS 5 Rs 50.50 (50); ungraded Rs 49 (48.50); ISNR 20 Rs 51 (50.50); latex 60 per cent Rs 39.50 (39.50).

More Stories on : Rubber

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

Stories in this Section
NCDEX to launch client codes for members soon

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