Spot rubber prices improve

Published on Wed, Aug 13, 2008 at 10:17 |  Source : Business Line

Updated at Wed, Aug 13, 2008 at 10:48  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

RELATED NEWS

Kottayam, Aug. 12

Rubber prices showed a better trend on Tuesday. Sheet rubber RSS 4 improved to Rs 137.50 from Rs 136.50 a kg both at Kottayam and Kochi.

According to dealers, the market made excellent gains on short covering against another weak closing in international indices.

Heavy rains all over the plantation areas during the past two or three days showed its negative impact on production and arrivals.

Buyers were chasing the sparse arrivals to fulfil their earlier commitments even at Rs 12 above the global rates. The volumes were dull.

The August futures for RSS 3 moved down to ¥325.5 (Rs 125.24) from ¥327.5, September to ¥319.7 (320.7), October to ¥315 (315.8), November to ¥311 (311.9), December to ¥307.3 (308.8) and January to ¥304.4 (307.2) a kg at TOCOM.

Spot prices were (Rs/kg): RSS-4: 137.50 (136.50); RSS-5: 135 (132); ungraded: 128.50 (126.50); ISNR 20: 132.25 (131) and latex 60 per cent: 83.50 (83).

Taken from Business Line

thehindubusinessline.in

  

Trending News

Business News

Apple will give out a free app a week; App Store will update
Reebok execs named in Rs 870 cr fraud denied anticipatory bail "Reebok execs named in Rs 870 cr fraud denied anticipatory bail"

Live Updates: CSK punish clueless KKR

Rel Comm Q4 Cons Net Revenue Up 5% At `5,310 Cr (QoQ)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt  

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!