KOTTAYAM, NOV.11:
Physical rubber prices were mixed on Monday. The most active counters RSS 4 and RSS 5 improved marginally, on covering purchases, at lower levels. There were no fresh enquiries from the industrial sector, but most traders seemed to be expecting, a short-term recovery in the market. Meanwhile, latex continued to decline on low demand. The overall volume was low.
Sheet rubber was quoted firm at Rs 156.50 (Rs 156) a kg by traders. The grade, increased to Rs 157 and Rs 154 from Rs 156.50 and Rs 153.50, respectively, according to the Rubber Board and dealers.
November futures inched up to Rs 156.81 (Rs 156.36), December to Rs 158.79 (Rs 157.87) and January to Rs 160.90 (Rs 159.99) for RSS 4 while the February and March futures remained totally inactive, on the National Multi Commodity Exchange.
RSS 3 (spot) improved to Rs 158.56 (Rs 156.60) at Bangkok. November futures closed at ¥ 246.7 (Rs 157.62) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 156.50 (156); RSS-5: 148.50 (148); Ungraded: 144 (144); ISNR 20: 149 (149); and Latex 60%: 107 (108).
India’s Rubber Prices on November 11, 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) |
611 |
10.49 |
48176.4 |
3010 |
3010 |
-14.54 |
|
Palitana(Raj) |
160 |
-36 |
11880 |
3250 |
3350 |
– |
|
Muzzafarnagar(UP) |
48 |
-7.69 |
8704 |
3225 |
3220 |
-12.84 |
|
Cherthalai(Ker) |
6.5 |
30 |
564.1 |
3080 |
3080 |
– |
|
Irrikkur(Ker) |
4 |
33.33 |
707.2 |
14000 |
14300 |
-21.79 |
|
Thaliparamba(Ker) |
4 |
33.33 |
978.4 |
14800 |
15200 |
-15.19 |
|
Chaibasa(Jha) |
3.5 |
16.67 |
570 |
3200 |
3200 |
-15.79 |
|
Irity(Ker) |
3 |
-25 |
1014 |
14900 |
15250 |
-14.37 |
|
Parakkodu(Ker) |
2 |
-16.67 |
303.8 |
15300 |
15100 |
-10.53 |
|
Pulpally(Ker) |
2 |
NC |
495.8 |
16500 |
16500 |
-5.71 |
Source: The Hindu
