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IRCo’s WEEKLY RUBBE R MARKET SNAPSHOT: 1 – 5 October, 2012
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Daily report on Natural Rubber: October 8, 2012
MARKET COMMENTARY
Weighed down by muted demand from the major natural rubber consuming industry and higher imports, natural rubber culminated the previous week’s session in red. NMCE rubber futures posted its first weekly losses in seven,...
Daily report on Natural Rubber: October 4, 2012
MARKET COMMENTARY
Snapping the three consecutive sessions of decline, NMCE rubber futures rose on Wednesday as sentiments stayed upbeat tracking movements in natural rubber prices in the international market and on restricted supply. However,...
Daily report on Natural Rubber: October 3, 2012
MARKET COMMENTARY
The domestic market remained closed yesterday on account of Gandhi Jayanti, while on Monday, NMCE rubber futures had culminated the session in red and in the ready market RSS4 steadied near Rs.195 a kg. The sentiments are...
IRCo – Rubber Market Watch: 24 – 28 September, 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
Most Asian stock markets closed higher on Friday. The Shanghai Composite index added 1.5% to 4,387.00, boosted by expectations of government’s further monetary support while...
OUTLOOK- India rubber to ease on weak demand, rising imports
MUMBAI, Oct 1 (Reuters) – Natural rubber futures in India are likely to fall this week on sluggish demand from tyre makers, although thin supplies in local spot markets are likely to restrict the downside.
The key October rubber contract...
Daily report on Natural Rubber: October 1, 2012
MARKET COMMENTARY
Restricted arrivals and steep advances in natural rubber prices in the international market assisted prices in the domestic market to scale-up to its strongest since mid-April this year. RSS4 in the physical market was quoted...
Daily report on Natural Rubber: September 28, 2012
MARKET COMMENTARY
Bolstered by a sharp rebound witnessed in the natural rubber in the international market and on restricted arrivals, RSS4 zoomed in the Indian market on Thursday. NMCE rubber futures posted a three per cent rise and were...
Daily report on Natural Rubber: September 27, 2012
MARKET COMMENTARY
Lack of fresh triggers kept activities in the local natural rubber market sluggish. On Wednesday, in lacklustre trades RSS4 traded mostly steady in the spot market while, NMCE rubber futures closed mixed with the near month...
Daily report on Natural Rubber: September 26, 2012
MARKET COMMENTARY
In lacklustre trades, natural rubber ruled steady in the Indian market on Tuesday, awaiting fresh triggers for further directional moves. In the ready market, quotes for RSS4 steadied near Rs.192 a kg while the benchmark...
