Financial Daily from THE HINDU group of publications
Wednesday, Oct 13, 2004
Financial Daily from THE HINDU group of publications Wednesday, Oct 13, 2004 |
||
|
|
||
|
Agri-Biz & Commodities
-
Rubber Rubber prices firm on renewed interest Our Correspondent
Kottayam , Oct. 12 PURCHASES from traders against delivery in the futures market strengthened the physical sheet rubber prices on Tuesday. The covering groups and purchase agents were active, while scattered enquiries from the general rubber goods sector were also reported from the market circles. Renewed trading interest helped the major grades to improve. Sheet rubber RSS 4 closed at Rs 52.00 against Rs 52.50, after touching an intraday high of Rs 52.50 a kg on Monday. The rubber futures was almost steady except for its October delivery, which was quoted at Rs 54.01 (54.28) on Tuesday. The near month November delivery was quoted at Rs 53.21 (53.27), December delivery at Rs 53.75 (53.82) and January delivery at Rs 54.85 (54.83) per kg for RSS 4. The volumes were low. The November futures for RSS 3 improved to 142.8 yen from 140.8 yen a kg on Friday at TOCOM. The spot market rates per kg were as follows: RSS 4: 52.00 (51.50); RSS 5: 51.00 (50.00); ungraded: 48.75 (48.00); ISNR 20: 50.75 (50.00); latex 60%: 40.00 (39.00).
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
|