KOTTAYAM, SEPT. 12:
Rubber prices turned weak on Thursday.
On the spot, the commodity lost ground on buyer resistance, following the moderate declines in the domestic and international futures. The TOCOM rubber futures fell mainly as the yen gained strength against the dollar.
The trend was mixed while ISNR 20 and latex finished unchanged on comparatively better demand.
Overall volumes were low.
Sheet rubber moved down to Rs 186.50 (Rs 187.50) a kg, according to traders.
The grade closed weak at Rs 187 (Rs 187.50), at Kottayam and Kochi, as reported by the Rubber Board.
September futures weakened to Rs 186.40 (Rs 188.21), October to Rs 182.70 (Rs 185.44), November to Rs 182 (Rs 185.75) and December to Rs 184.10 (Rs 187.58) on the National Multi Commodity Exchange.
RSS 3 (spot) dropped to Rs 168.85 (Rs 172.81) at Bangkok. September futures closed at ¥260 (Rs 166.88) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 186.50 (187.50); RSS-5: 182 (183); Ungraded: 176 (177); ISNR 20: 172 (172) and Latex 60%: 133 (133).
India’s Rubber Prices on September 12, 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) |
172 |
207.14 |
11285.4 |
3380 |
3360 |
-11.05 |
|
Hazaribagh(Jha) |
10 |
-16.67 |
447 |
3800 |
3800 |
-5 |
|
Lakhimpur(UP) |
6 |
-14.29 |
724 |
3400 |
3400 |
– |
|
Giridih(Jha) |
5.2 |
-1.89 |
248.6 |
4200 |
4200 |
7.69 |
|
Pulpally(Ker) |
5 |
150 |
389.8 |
19500 |
19500 |
16.77 |
|
Koderma(Jha) |
5 |
25 |
90 |
3500 |
3300 |
6.06 |
|
Sahebganj(Jha) |
5 |
150 |
55 |
3400 |
3400 |
– |
|
Irrikkur(Ker) |
4 |
100 |
573.2 |
17300 |
17300 |
8.81 |
|
Chaibasa(Jha) |
4 |
NC |
392 |
3500 |
3500 |
-7.89 |
|
Vadakkenchery(Ker) |
3.5 |
-22.22 |
405.8 |
17850 |
16150 |
5.93 |
|
Parakkodu(Ker) |
2.3 |
27.78 |
257.8 |
18100 |
18300 |
7.1 |
|
Irity(Ker) |
2 |
NC |
874 |
19250 |
19250 |
11.27 |
|
Thaliparamba(Ker) |
1.5 |
-25 |
846.4 |
19250 |
19250 |
11.27 |
|
Punalur(Ker) |
1.5 |
NC |
140 |
3400 |
3500 |
-12.82 |
|
Ezhamkulam(Ker) |
1 |
-23.08 |
87.8 |
18100 |
18400 |
– |
|
Punalur(Ker) |
0.8 |
-5.88 |
140 |
18000 |
18000 |
9.09 |
|
Kalpetta(Ker) |
0.6 |
-14.29 |
29.6 |
17700 |
17800 |
7.27 |
Source: The Hindu Business Line
Source: The Hindu
