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Saturday, November 10, 2007
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Commodity News
Nov 3 2007 10:42AM
Rubber futures mixed
Physical rubber prices showed a mixed trend on Friday. RSS 4 moved up to Rs 98 and Rs 98.50 per kg respectively at Kottayam and Kochi from Rs 97.50 accumulating strength from a better closing of RSS 3 (spot) to Rs 99.50 (97.91) per kg at Bangkok.

December futures for the grade was weak at 289.7 yen (Rs 99.50) against 290.6 yen per kg at TOCOM.

On NMCE, November contract flared up to Rs 100 (98.52), December to Rs 100.50 (99.05), January to Rs 101.89 (99.89) and February to Rs 102.85 (100.89) per kg for RSS 4.

November contract was firm at Rs 99.65 against Rs 99.01 per kg on MCX.

Spot prices were (Rs/kg): RSS-4: 98 (97.50); RSS-5: 95 (95); ungraded: 93 (92.75); ISNR 20: 93.50 (93.50) and latex 60%: 63.50 (63.50).

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