Rubber Witnesses Mixed Tend

Kottayam: Physical rubber prices saw a mixed trend on April 25. Global rubber rates were bearish and hence, sheet rubber closed slightly down at Rs 86.50 against Rs 86.75 and Rs 87 a kg respectively at Kottayam and Kochi. The rubber futures were visibly weak in leading commodity exchanges. The May contract down to Rs 87.70 from Rs 88.80 a kg on MCX. On NMCE, the near month May contract decline to Rs 86.81 (87.84), June to Rs 90.10 (90.89), July contract to Rs 92.20 (93.05) and August to Rs 92 (92.68) per kg for RSS 4. RSS 3 spot slipped further to Rs 96.34 from Rs 97.09 a kg at Bangkok. Spot rates were (Rs/kg): RSS-4: 86.50 (86.75); RSS-5: 85.50 (85.50); ungraded: 84.50 (84.75); ISNR 20: 85.25 (85.25) and latex 60 per cent: 63.65 (63.65).