Financial Daily from THE HINDU group of publications
Sunday, Feb 19, 2006
Financial Daily from THE HINDU group of publications Sunday, Feb 19, 2006 |
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Agri-Biz & Commodities
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Rubber Mixed trend in spot rubber Our Correspondent
Kottayam , Feb. 18 SPOT rubber prices were mixed on Saturday. Scattered transactions from traders and speculators kept the market slightly firm in the weekend session. Most of the players were on vigil in the absence of international advises as the market seemed to be following the overseas indices very closely during the past few weeks. Sheet rubber was static at Rs 79 a kg at Kottayam. It improved to Rs 79 from Rs 78.50 a kg at Kochi. Volumes were low. NMCE March contract closed at Rs 81.94 (Rs 81.52), April at Rs 84.34(Rs 83.93), May at Rs 86.49 (Rs 86.00) and June contract at Rs 87.50 (Rs 87.12) per kg for RSS 4. The volumes totalled 1562 lots; recording 518 lots in March, 352 lots in April, 520 lots in May and 172 lots in June. The April contract for RSS 4 ended at Rs 85 against Rs 83.61 a kg on MCX. Spot prices a kg were: RSS-4: Rs 79 (Rs 79); RSS-5: Rs 78 (Rs 77.75); Ungraded: Rs 76.50 (Rs 76.25); ISNR 20: Rs 77.75 (Rs 77.50); and latex 60 per cent: Rs 56.50 (Rs 56.50).
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