Spot rubber improves on global cues
Kottayam: Spot rubber improved on Wednesday. Another better closing in global rubber futures and the absence of sellers in the domestic trading houses kept the under current firm during the day.
Sheet rubber increased to Rs 106 from Rs 104 a kg on covering purchases. There were no enquiries from the tyre sector. The trend was mixed as ungraded rubber and latex finished unchanged and the volumes were narrow amidst low supplies.
Futures firm
The October futures closed at Rs 106.15 (106.46), November at Rs 107.40 (107.41), December at Rs 107.70 (107.61) and January at Rs 108.40 (105.20) a kg for RSS 4 on National Multi Commodity Exchange (NMCE). (BL)
http://www.thehindubusinessline.com/2009/09/17/stories/2009091751501600.htm
Thursday, September 17, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment