Friday, August 1, 2008

Rubber Spot gains

Rubber market shows a better trend today. Rubber Kottayam RSS – 4 moved up to Rs.142 from Rs.137.50.
Most of the plantations are affected by continuing showers resulting in the disruption of tapping.

Natural rubber futures in Tokyo rose 1.5%, the largest gain since July 25. Gains in futures may limited by rising supply in Thailand.

Tokyo Commodity Exchange:
Rubber for January 2009 delivery traded at 332.5 yen per kilogram, 3.5 yen up.

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