Business Daily from THE HINDU group of publications Friday, Dec 01, 2006 ePaper |
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Agri-Biz & Commodities
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Rubber Spot rubber improves Aravindan
Kottayam , Nov. 30 Spot rubber showed signs of improvement reacting to the recovery in international indices and domestic futures. Covering groups and purchase agents turned slightly active procuring the raw material at the prevailing levels. On MCX, the December delivery contract firmed up to Rs 78.89 from 78.30 a kg for RSS 4. On NMCE, the December contract finished at Rs 80.30 (Rs 78.77), January at Rs 80.52 (Rs 78.26), February at Rs 82.48 (Rs 80.03) and March at Rs 83.52 (Rs 81.11) a kg for RSS 4. Spot prices per kg were: RSS-4: Rs 78.00 (Rs 77.50); RSS-5: Rs 76.00 (Rs 75.50); ungraded: Rs 74.00 (Rs 72.50); ISNR 20: Rs 75.50 (Rs 75.00) and Latex 60 per cent: Rs 49.45 (Rs 49.45).
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