Business Daily from THE HINDU group of publications Sunday, Sep 30, 2007 ePaper |
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Agri-Biz & Commodities
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Rubber Spot rubber rules steady Aravindan Kottayam, Sept. 29 Spot rubber prices remained flat during the weekend session. There was no selling pressure in the market as the indications seemed favourable for a better opening on Monday but the buyer resistance kept the prices steady. Sheet rubber RSS 4 was unchanged at Rs 90 a kg at Kottayam but the grade improved by 50 paise to Rs. 90.50 a kg at Kochi. In futures, the October contract for RSS 4 concluded slightly weak at Rs 89.52 (89.91) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 90 (90); RSS-5: 87.50 (87.50); ungraded: 85 (85); ISNR 20: 86.50 (86.50) and latex 60 per cent: 62.10 (62.10) More Stories on : Rubber
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