Rubber Witnesses Weak Trend

Kottayam: Spot rubber turned weak on April 10. RSS 4 down to Rs 93.50 and Rs 93.75 a kg from Rs 94.50 and Rs 94.25 a kg respectively at Kottayam and Kochi. The rubber futures declined quoting the most active April contract for RSS 4 at Rs 92.80 against Rs 94.05 a kg on MCX.The April contract for the grade dropped to Rs 92.70 (93.53), May to Rs 95.99 (96.85), June to Rs 99.99 (100.55) and July to Rs 101.35 (102.31) a kg on NMCE. Spot rubber rates were (Rs/kg): RSS-4: 93.50 (94.50); RSS-5: 92.50 (93.50); ungraded: 91.50 (92.50); ISNR 20: 92.50 (93.25) and latex 60 per cent : 64.70 (65.25).