• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Aravindan

Kottayam June 26 A bearish trend continued to prevail in the physical rubber market on Tuesday. The sentiments were dull and the prices surrendered further on buyer resistance amidst moderate selling from dealers and growers. The volumes were meagre. RSS 4 moved down to Rs 77 from Rs 77.75 and a kg at Kottayam but the grade finished steady at Rs 77.50 a kg at Kochi. According to market circles certain major manufactures gave quotes only up to Rs 76 a kg to put further pressure on sheet rubber.

Futures better

The rubber futures turned better after an initial weakness on NMCE. The July contract improved to Rs 78 (77.94), August to Rs 79.02 (78.85), September to Rs 78.50 (78.20) and October contract to Rs 78.40 (78.23) per kg for RSS 4. The July contract for the grade ended slightly lower at Rs 78.50 (78.84) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 77 (77.75); RSS-5: 76 (76.50); ungraded: 74 (74.75); ISNR 20: 75.50 (76) and latex 60 per cent: 58.40 (58.40).

More Stories on : Rubber

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

Stories in this Section
NCDEX inks pact with polymer portal

Copyright © 2007, 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