KOTTAYAM, OCT. 25:
Spot rubber slipped further on Friday. There were no buyers even at lower levels to initiate a partial recovery in the market.
Meanwhile, overnight rains continued to disrupt tapping in almost all major plantation areas. The trend was mixed and volume low.
Sheet rubber weakened to Rs 159 from Rs 159.50 and Rs 160 a kg, respectively, according to traders and the Rubber Board. The grade dropped to Rs 156 (157) as quoted by the dealers.
November futures slid to Rs 159.35 (159.78), December to Rs 161.00 (161.73) and January to Rs 163.45 (164.01), while the February and March futures remained inactive on the National Multi Commodity Exchange.
RSS 3 (spot) closed weak at Rs 156.49 (156.87) at Bangkok. October futures closed at ¥244.6 (Rs 154.83) at the Tokyo Commodity Exchange.
Spot rubber rates (Rs/kg) were: RSS-4: 159 (159.50); RSS-5: 151 (151); ungraded: 146 (146); ISNR 20: 151 (152) and Latex 60%: 117 (118).
India’s Rubber Prices on October 25, 2013
Arrivals in tonnes;prices in Rs/quintal in domestic market.
|
|
Arrivals |
Price |
||||
|
|
Current |
% |
Season |
Modal |
Prev. |
Prev.Yr |
|
change |
cumulative |
Modal |
%change |
|||
|
Rubber |
||||||
|
Mumbai(Mah) |
767 |
-10.13 |
39224.6 |
3010 |
3015 |
-14.83 |
|
Udaipura(Raj) |
168 |
49.47 |
12148.4 |
3150 |
3150 |
-14.29 |
|
Muzzafarnagar(UP) |
50 |
4.17 |
7958 |
3220 |
3220 |
-14.13 |
|
Jaipur(Grain)(Chandpole)(Raj) |
31 |
10.71 |
1358 |
3200 |
3200 |
-16.45 |
|
Lakhimpur(UP) |
7 |
NC |
1030 |
3320 |
3320 |
– |
|
Pampady(Ker) |
3 |
NC |
256.44 |
14500 |
15500 |
-19.44 |
|
Irrikkur(Ker) |
3 |
NC |
649.2 |
14900 |
14900 |
-8.59 |
|
Irity(Ker) |
3 |
NC |
970 |
16250 |
16500 |
-11.92 |
|
Thaliparamba(Ker) |
2 |
-33.33 |
934.4 |
16300 |
16250 |
-12.37 |
|
Kuttoor(Ker) |
1 |
NC |
120.6 |
16000 |
15800 |
-10.11 |
|
Pulpally(Ker) |
1 |
-50 |
457.8 |
16500 |
16500 |
NC |
|
Manathavady(Ker) |
0.8 |
NC |
43 |
14600 |
14700 |
-12.57 |
Source: The Hindu
