Spot Rubber rules steady:

Print this page Posted on : 03-29-2007 by recycleinme.com

Spot rubber steady on Wednesday. The market seemed to be missing proper direction since the global trend setters were almost neutral. The volumes were low. RSS 4 closed unchanged at Rs94 a kg both Kottayam and Kochi as on Tuesday. Sellers stayed back expecting the prices to improve while most of the buyers predicted that the market would soften shortly. The international demand for rubber might also be in a declining phase in the succeeding weeks, sources said.

Source : Business Line