Friday, March 4, 2011

Natural rubber prices rise by Rs 4 to Rs 230 per kg

New Delhi, Mar 3 (PTI) Natural rubber (NR) prices today surged by Rs 4 in the domestic market to Rs 230 per kg.
Prices of NR in the domestic markets at Kottayam were at Rs 226 per kg yesterday, according to the Rubber Board data.
The rate of NR in the international physical market at Bangkok dipped marginally today to Rs 274.34 per kg as against Rs 274.71 per kg yesterday.
NR prices had snapped its week-long losing streak on March 1 by rising Rs 3 to Rs 224 per kg in the domestic markets.
Experts attributed the rise in prices to volatility in the international and domestic futures markets, amid tight supplies in the physical markets.

(Source: http://news.in.msn.com/business/article.aspx?cp-documentid=4990111)

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