Spot rubber weakens on global cues
Kottayam: Spot rubber prices turned weak on Friday. The market slipped on weak international reports and a similar closing in domestic rubber futures on NMCE. Sheet rubber weakened to Rs 107 (107.50) a kg on buyer resistance.
FUTURES FIRM
The October futures closed at Rs 108.25 (108.74), November at Rs 109.50 (109.93), December at Rs 110.89 (110.94) and January at Rs 112.40 (111.69) a kg for RSS 4 on National Multi Commodity Exchange (NMCE). RSS 3 declined at its September futures to ¥196 (¥199.8) (Rs 103.30), October to ¥193.5 (¥197.7), November to ¥195.4 (¥199.5), December to ¥197.7 (¥200.9), January to ¥200.4 (¥204.1) and February to ¥203.1 (¥206.8) a kg during the day session on Tokyo Commodity Exchange (TOCOM). (BL)
http://www.thehindubusinessline.com/2009/09/19/stories/2009091950611600.htm
Saturday, September 19, 2009
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