• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

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

Aravindan

Kottayam , Aug 21

The week opened with a steady tone in spot rubber. The market lacked trading interest as most of the buyers believed that the prices would move down soon, after a favourable turn in weather.

According to an analyst, a slight improvement in production and supply might put further pressure in prices, which failed to improve even amidst peak monsoon.

RSS 4 closed unchanged at Rs 92 a kg both at Kottayam and Kochi with extremely thin volumes.

Futures decline

The rubber futures declined reacting to weak signals from the overseas markets.

The September contract was quoted at Rs 90.50 (Rs 90.63), October contract at Rs 87.25 (Rs 87.31), November at Rs 87.10 (Rs 87.15) and December contract at Rs 87.50 (Rs 87.49) per kg for RSS 4.

Spot prices per kg were: RSS-4: Rs 92 (Rs 92); RSS-5: Rs 89 (Rs 89); ungraded: Rs 86 (Rs 86); ISNR 20: Rs 89.50 (Rs 89.50) and latex 60 per cent: Rs 72.61 (Rs 72.61).

More Stories on : Rubber

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

Stories in this Section
Monsanto developing products to improve yields, cut costs

Copyright © 2006, 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