Financial Daily from THE HINDU group of publications
Saturday, Mar 19, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Agri-Biz & Commodities - Rubber


Rubber rules firm on continuous buying

Our Correspondent

Kottayam , March 18

SUSTAINED buying from covering groups and purchase agents kept the physical rubber prices firm on Friday.

There was no selling pressure from dealers or growers and the fresh arrivals to the main marketing centres were almost nil. Weather continued to drain the latex all over the plantations. Sheet rubber RSS 4 improved to Rs 55.50 from Rs 55.00 a kg both at Kottayam and Kochi.

The futures market was almost steady as traders preferred to book profit at higher levels towards the weekend. The April contract was quoted at Rs 56.85 (Rs 56.87), May at Rs 58.80 (Rs 58.76), June at Rs 60.00 (Rs 60.15) and July at Rs 60.85 (Rs 60.90) per kg for RSS 4.The volumes were moderate.

The spot rubber prices per kg were as follows: RSS-4: 55.50 (55.00); RSS-5 : 54.25 (54.00); ungraded: 53.75 (53.25); ISNR 20: 54.00 (54.00); and latex 60 per cent: 41.00 (40.00).

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


Stories in this Section
Caring for the crop


Rubber rules firm on continuous buying
Tata Tea registers new firm for estates' transfer
Tiding over
World grain meet to discuss free trade
Coir exports set to top Rs 450-cr target
KCMA plans to strengthen cashew industry in State
Govt scraps cess on coffee exports
AP to monitor tobacco market
VAT woes for poultry sector
Egg rates cut by 5 paise
Export cess hits chilli, turmeric
Group to seek timeframe for cutting farm export subsidies: Kamal Nath
Drought — AP opposition stages walkout


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