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Wednesday, Nov 10, 2004

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Agri-Biz & Commodities - Rubber


Rubber static

Our Correspondent

Kottayam , Nov. 9

THE physical rubber market closed unchanged as most of the buyers and sellers preferred to remain behind the sidelines on Tuesday.

Rubber futures improved a tad. The November delivery was quoted at Rs 54.71 (Rs 54.48), December delivery at Rs 55.20 (Rs 54.95), January delivery at Rs 56.24 (Rs 56.14) and February delivery at Rs 57.25 (Rs 57.09) per kg for RSS 4.The volumes were better.

Spot rates were: RSS 4 Rs 53.25 (Rs 53.25); RSS 5 Rs 52.00 (Rs 52.00); ungraded Rs 49.50 (Rs 49.50); ISNR 20 Rs 52.75 (Rs 52.75); latex 60 per cent Rs 39.50 (Rs 39.50).

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