KOTTAYAM, DEC. 3:
Spot rubber was mixed on Tuesday. The market opened steady and ruled firm on early trades, but RSS 4 and RSS 5 lost ground in late trading hours, following the sharp declines in domestic futures.
While latex improved marginally on better demand, ungraded rubber and ISNR 20 ruled steady and were almost inactive during the day.
Sheet rubber weakened to Rs 153 from Rs 154 and Rs 153.50 a kg respectively, according to traders and the Rubber Board. The grade slipped to Rs 150 (150.50), as quoted by the dealers.
December futures declined to Rs 152.89 (Rs 156.22), January to Rs 154.60 (Rs 158.19) and February to Rs 157.12 (Rs 160.77) while the March and April futures remained inactive on the National Multi Commodity Exchange.
RSS 3 (spot) improved to Rs 158.86 (Rs 158.31) at Bangkok. December futures closed at ¥ 267.0 (Rs 161.90) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were: RSS-4: 153 (154); RSS-5: 143 (144); Ungraded: 140 (140); ISNR 20: 144.50 (144.50) and Latex 60%: 107 (106).
India’s Rubber Prices on December 3, 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) |
374.7 |
-3.68 |
57512.4 |
2973 |
2973 |
-14.94 |
|
Udaipura(Raj) |
84 |
-33.33 |
15028.4 |
3125 |
3125 |
-13.91 |
|
Ajmer (Grain)(Raj) |
32 |
-76.12 |
9680.8 |
3175 |
3175 |
-15.89 |
|
Hapur(UP) |
25 |
-16.67 |
530 |
8150 |
3220 |
– |
|
Muzzafarnagar(UP) |
25 |
25 |
9938 |
3200 |
3200 |
-12.33 |
|
Pampady(Ker) |
5 |
25 |
310.44 |
14200 |
14000 |
-21.11 |
|
Kuttoor(Ker) |
1 |
NC |
128.6 |
15000 |
14900 |
-9.09 |
|
Sultan bathery(Ker) |
0.8 |
-71.43 |
571.6 |
13900 |
13900 |
-14.72 |
|
Cherthalai(Ker) |
0.65 |
NC |
587.4 |
3100 |
3100 |
– |
Source: The Hindu
