KOTTAYAM,OCT. 4:
Physical rubber prices were mixed on Friday.
The under current was weak, as the absence of genuine buyers continued to influence the overall market sentiments.
But RSS 4 managed to sustain at the prevailing levels following a better closing on the National Multi Commodity Exchange (NMCE).
Sheet rubber closed steady at Rs 165.50 a kg, according to traders.
The grade was unchanged at Rs 166 at Kottayam and Kochi, according to the Rubber Board.
October futures improved to Rs 167.74 (Rs 166.47), November to Rs 167.04 (Rs 165.79), December to Rs 168.72 (Rs 167.62) and January to Rs 171 (Rs 170.10) while February dropped to Rs 172.97 (Rs 178.31) on the NMCE.
RSS 3 (spot) weakened to Rs 155.35 (Rs 156.37) at Bangkok.
October futures closed at ¥245.0 (Rs 155.47) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 165.50 (165.50); RSS-5: 160 (162); Ungraded: 155 (155); ISNR 20: 157 (158) and Latex 60%: 129 (131).
India’s Rubber Prices on October 4, 2013
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
Arrivals |
Price |
||||
|
Current |
% |
Season |
Modal |
Prev. |
Prev.Yr |
change |
cumulative |
Modal |
%change |
|||
Rubber |
||||||
Jaipur(Grain)(Chandpole)(Raj) |
55 |
129.17 |
667 |
3200 |
3200 |
-16.45 |
Udaipura(Raj) |
42 |
-27.59 |
8125.6 |
3220 |
3220 |
-13.56 |
Hazaribagh(Jha) |
10 |
66.67 |
479 |
3650 |
3800 |
-8.75 |
Lakhimpur(UP) |
8 |
6.67 |
841 |
3310 |
3300 |
– |
Thaliparamba(Ker) |
3 |
50 |
876.4 |
16750 |
18250 |
-8.22 |
Irity(Ker) |
3 |
20 |
907 |
16750 |
18250 |
-8.22 |
Irrikkur(Ker) |
2 |
-33.33 |
595.2 |
14500 |
16700 |
-18.54 |
Pulpally(Ker) |
1 |
NC |
425.8 |
16500 |
16500 |
-9.34 |
Source: The Hindu Business Line
Source: The Hindu