Business Daily from THE HINDU group of publications
Saturday, Aug 19, 2006

Cross Currency

Group Sites

Agri-Biz & Commodities - Rubber
Mixed trend in spot rubber


Kottayam , Aug 18

Mixed trend continued in spot rubber. Most of the leading overseas futures except TOCOM finished in red prompting the traders to stay back from active trading.

Sheet rubber RSS 4 was quoted steady at Rs 92.50 and Rs 93 a kg respectively at Kottayam and at Kochi lacking genuine sellers and buyers on the grade. The domestic supply concerns failed to strengthen the spot prices.

Futures improve

The rubber futures improved marginally on NMCE. The volumes were extremely low at 560 tonnes with absolutely no trades recorded in December till 2 pm. The September contract was traded at Rs 90.76 (Rs 90.06), October contract at Rs 87.88 (Rs 87.25), and November contract at Rs 87.50 (Rs 87.20) per kg for RSS 4.

Spot prices (Rs a kg) were: RSS-4: Rs 92.50 (Rs 92.50); RSS-5: Rs 90 (Rs 90); ungraded: Rs 86.50 (Rs 86.50); ISNR 20: Rs 89.50 (Rs 90) and latex 60 per cent: Rs 72.61 (Rs 73.14).

More Stories on : Rubber

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

Stories in this Section
Wheat prices zoom to record Rs 1,000 a quintal

Depression retains intensity
Fishy deal
Inflation rises to 4.82 pc on higher fuel prices
Fruit rot may take toll on arecanut yield
Mixed trend in spot rubber
CTC dust steady at Kochi tea sale
Dip in nickel inventory levels buoys price
Tobacco growers may get better prices
Spices Board invites application for awards
`Steel prices likely to go up in Q4'
Inventory of Kerala's plant diversity being readied

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

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