Monday, July 7, 2014

Railways to get proper direction

The first rail budget of the new government will be presented on 8th July by railway minister Sadananda Gowda, which is expected to pave the way for high-speed trains and private sector investment and also would be people friendly, promising more amenities to passengers.

Today the benchmark RSS4 grade rubber closed at `.143 a kg at Kottayam, while RSS3 grade closed at `.121.66 a kg at Bangkok and Malaysian SMR20 closed at `.101.41 a kg. On National Multi Commodity Exchange July 2014 closed at `.142.20 a kg, August at `.142.29, September at `.142.16 and October at `.141.77 a kg. On Tokyo Commodity Exchange, July 2014 futures series closed at ¥193.1 a kg, August at ¥195.2, September at ¥197.2, October at ¥199.4, November at ¥201.5 and the contract for delivery in December 2014 closed at ¥203.2 a kg. Tommorrow, July future may touch ¥191 a kg.

For latest rate of Currency Exchange:
Read lot more in Rubber4U – 15th July 2014 Anniversary issue

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