Mixed trend in spot rubber
Kottayam:Spot rubber witnessed a mixed trend on Tuesday. Though the domestic rubber futures finished in red, sheet rubber improved to Rs 134 from Rs 133 as traders continued to remain active on the grade.
RSS 5 and ungraded rubber lost ground on buyer resistance but ISNR 20 and latex 60% finished flat amidst scattered transactions. There were no fresh enquiries from the tyre sector, sources said.
Futures slip
RSS 4 weakened with the December futures slipping to Rs.132.90 (133.05), January to Rs 134 (134.37) and March to Rs.137.49 (137.76) a kg on National Multi Commodity Exchange .
The December futures for RSS 3 slipped to ¥249.5 (¥249.8) (Rs.131.50), January to ¥250.3 (¥252.5) , February to ¥252.2 (¥253.8) and March to ¥253.8 (¥255) a kg during the day session on Tokyo Commodity Exchange.(BL)
http://www.thehindubusinessline.com/2009/12/09/stories/2009120952641600.htm
Wednesday, December 9, 2009
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