• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Correspondent

Kottayam , Nov. 3

THE domestic rubber market scaled further highs on Thursday.

Covering groups turned extremely aggressive and the prices rose sharply on their highly speculative offers in all grades.

The transactions were practically nil as growers and dealers preferred to hold the stock expecting sheet rubber to move above Rs 70 shortly.

The domestic supply was also hit hardly by overnight rains all over the plantations during the past few weeks.

The market indicator RSS 4 closed at Rs 69 against Rs 68 a kg at Kottayam and Kochi.

According to market sources, no transactions were reported above Rs 67 for sheet rubber as there were no sellers for the grade in the main marketing centres. The futures markets remained closed on Thursday.

Physical rates per kg were: RSS-4: Rs 69 (Rs 68); RSS-5: Rs 66 (Rs 65); ungraded: Rs 63.50 (Rs 62.50); ISNR 20: Rs 65.50 (Rs 64.75) and latex 60%: Rs 46 (Rs 45).

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

Stories in this Section
Global wheat prices ease on crop prospects

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