26.2 C
New York
Wednesday, August 10, 2022

India: Spot rubber futures rise marginally

KOTTAYAM, OCT.30:  

Domestic rubber futures finished marginally higher on Wednesday. November contracts inched up to Rs 161.20 (Rs 161.09), December to Rs 163 (Rs 162.87) and January to Rs 165.18 (Rs 164.73) per kg, while the February and March contracts, remained inactive on the National Multi Commodity Exchange. RSS 3 (spot) closed at Rs 155.48 (Rs 155.17) at Bangkok.November futures closed at ¥ 251.5 (Rs 156.80) on the Tokyo Commodity Exchange.

Spot rubber prices were not available as the local trading houses remained closed at Kottayam owing to a 12 hour hartal in protest, against the recent price fall of the commodity. Meanwhile, sheet rubber improved to Rs 159.50 (Rs 159.00) at Kochi, according to the Rubber Board.

India’s Rubber Prices on October 30, 2013

Arrivals in tonnes;prices in Rs/quintal in domestic market.

 

Arrivals

Price

 

Current

%

Season 

Modal

Prev.

Prev.Yr

change

cumulative

Modal

%change

Rubber

Thaliparamba(Ker)

3

NC

946.4

16250

16250

-7.14

Irity(Ker)

3

NC

982

16200

16250

-7.43

Pulpally(Ker)

2

100

467.8

16500

16500

NC

 

Source: The Hindu

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,292FansLike
12,893FollowersFollow
748FollowersFollow
- Advertisement -

Latest Articles

Popular Articles