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Saturday, Oct 30, 2004

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Agri-Biz & Commodities - Rubber


Mixed trend in rubber

Our Correspondent

Kottayam , Oct. 29

THERE was mixed trend in the domestic physical rubber market on Friday.

Delay in obtaining fresh quotes from the tyre sector narrowed covering purchases. In the futures, November was quoted at Rs 54.71(Rs 54.74), December at Rs 55.35 (Rs 55.31), January at Rs 56.27 (Rs 56.18) and February at Rs 57.35 (Rs 57.27) per kg for RSS 4.

Spot market rates (per kg) were as follows: RSS 4 Rs 53.75 (Rs 54); RSS 5 Rs 52.75 (Rs 52.75); ungraded Rs 49.50 (Rs 50); ISNR 20 Rs 52.25 (Rs 52.25), and latex 60% at Rs 40.75 (Rs 40.75).

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