KOTTAYAM, OCT. 8:
Rubber prices ruled firm on Tuesday. In spot, the market improved tracking the overall gains on the NMCE.
The volumes continued to be low while the arrivals were meagre.
Sheet rubber moved up to Rs 168.00 (Rs 167) a kg, according to traders.
The grade increased to Rs 167.50 (166.50) at Kottayam and Kochi, as quoted by the Rubber Board.
The trend was partially mixed.
October futures improved to Rs 171.45 (Rs 168.98), November to Rs 172.68 (Rs 169.39), December to Rs 174.79 (Rs 171.32), January to Rs 176.80 (Rs 173.80), February to Rs 176 (Rs 176) and March to Rs 178.01 (Rs 178) on the National Multi Commodity Exchange.
RSS 3 (spot) bounced back to Rs 157.15 (Rs 153.47) at Bangkok. The October futures closed at ¥249.2 (Rs 158.69) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 168 (167); RSS-5: 162 (161); Ungraded: 158 (155); ISNR 20: 158 (157) and Latex 60%: 129 (129)
India’s Rubber Prices on October 8, 2013
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
|
Arrivals |
Price |
||||
|
|
Current |
% |
Season |
Modal |
Prev. |
Prev.Yr |
|
change |
cumulative |
Modal |
%change |
|||
|
Rubber |
||||||
|
Udaipura(Raj) |
84 |
-70.21 |
8857.6 |
3230 |
3225 |
-13.29 |
|
Muzzafarnagar(UP) |
47 |
6.82 |
6858 |
3225 |
3240 |
-17.31 |
|
Lakhimpur(UP) |
8 |
14.29 |
871 |
0 |
3380 |
– |
|
Vadakkenchery(Ker) |
5.4 |
74.19 |
458.4 |
15750 |
15750 |
-16.45 |
|
Giridih(Jha) |
5.2 |
-1.89 |
291 |
4200 |
4200 |
5 |
|
Irrikkur(Ker) |
4 |
33.33 |
609.2 |
15300 |
15200 |
-13.07 |
|
Thaliparamba(Ker) |
3 |
NC |
886.4 |
16750 |
16750 |
-8.22 |
|
Irity(Ker) |
3 |
NC |
918 |
16250 |
16750 |
-11.2 |
|
Pampady(Ker) |
2 |
100 |
230.44 |
16300 |
16500 |
-12.83 |
|
Madhupur(Jha) |
1 |
-33.33 |
97.8 |
3500 |
3500 |
-12.5 |
Source: The Hindu Business Line
