Financial Daily from THE HINDU group of publications
Wednesday, Apr 27, 2005
Financial Daily from THE HINDU group of publications Wednesday, Apr 27, 2005 |
|
|
|
|
|
Agri-Biz & Commodities
-
Rubber Rubber prices firm on buying Our Correspondent
Kottayam , April 26 THE active presence of the tyre sector and other consuming industries backed the firm trend in spot rubber prices on Tuesday. RSS 4 improved to Rs 59.50 from Rs 59.25 at Kottayam and Rs 59.75 from Rs 59.50 at Kochi due to sustained enquiries from purchase agents in the absence of quantum sellers. Buying from the non-tyre sector enhanced un-graded rubber by 50 paise, while the other grades were steady. According to sources, trading volumes in village markets have also shown an upsurge in recent weeks. Rubber futures showed slight weakness, following a downward closing at TOCOM. The May contract was quoted at Rs 60.30 (60.31), June contract at Rs 62.35 (62.47), July contract at Rs 63.25 (63.48) and August contract at Rs 62.72 (62.88) per kg for RSS 4. Spot market rates a kg were: RSS 4: 59.50 (59.25); RSS 5: 58.25 (58.25); ungraded: 58.00 (57.50); ISNR 20: 57.50 (57.50); and latex 60 per cent: 39.50 (39.50).
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 | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, 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
|