KOTTAYAM, SEPT 10:
Spot rubber prices continued to rule unchanged on Tuesday.
The market opened steady and maintained the initial trend following an almost similar rate in the near month futures on the National Multi Commodity Exchange.
Sheet rubber closed flat at Rs 187 a kg at Kottayam and Kochi, according to traders and the Rubber Board. Volumes were dull.
Meanwhile, the benchmark TOCOM rubber futures lost ground as investors booked profits to cash in on the recent rises, while weaker oil prices weighed on the market.
In the futures market, the September contract improved marginally to Rs 187.50 (Rs 187.38), while the October contract weakened to Rs 186 (Rs 187.78), November to Rs 186.90 (Rs 189.09) and December to Rs 188.65 (Rs 191.19) a kg on the NMCE. RSS 3 (spot) declined to Rs 176.44 (Rs 178.42) at Bangkok. The September futures closed at ¥267 (Rs 170.29) a kg on the Tokyo Commodity Exchange.
Spot rubber rates (Rs/kg) were: RSS-4: 187 (187); RSS-5: 183 (183); Ungraded: 177 (177); ISNR 20: 172 (172) and Latex 60%: 133 (133).
India’s Rubber Prices on September 10, 2013
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
|
Arrivals |
Price |
||||
|
|
Current |
% |
Season |
Modal |
Prev. |
Prev.Yr |
|
change |
cumulative |
Modal |
%change |
|||
|
Rubber |
||||||
|
Ranchi(Jha) |
393 |
263.89 |
10829.4 |
3380 |
3380 |
-11.05 |
|
Palitana(Raj) |
160 |
NC |
9900 |
3350 |
3250 |
– |
|
Udaipura(Raj) |
63 |
-62.5 |
6679 |
3230 |
3225 |
-8.37 |
|
Gumla(Jha) |
25 |
-16.67 |
110 |
3600 |
3600 |
10.77 |
|
Lakhimpur(UP) |
8 |
33.33 |
698 |
3400 |
3420 |
– |
|
Chaibasa(Jha) |
4 |
14.29 |
367 |
3500 |
3500 |
-7.89 |
|
Pulpally(Ker) |
2 |
-33.33 |
369.8 |
19500 |
19500 |
28.29 |
|
Irity(Ker) |
2 |
NC |
863 |
19250 |
19250 |
11.59 |
|
Thaliparamba(Ker) |
1 |
-50 |
835.4 |
19250 |
19250 |
11.59 |
|
Madhupur(Jha) |
1 |
NC |
85.2 |
3500 |
3500 |
-12.5 |
Source: The Hindu
