Rubber Prices Regain

Kottayam: Domestic rubber seemed to have regained its strength from the news on falling stock piles and a sharp fall in arrivals. Sheet rubber RSS 4 firmed up to Rs 76 from 75 a kg both at Kottayam and Kochi. The rubber futures stayed in tune with the domestic sentiments and increased further ignoring the global weakness. The July contract on NMCE improved to Rs 76.49 (74.99), August to Rs 78.82 (77.95), September to Rs 80.10 (78.99) and October to Rs 80.40 (79.42) per kg for RSS 4. The August contract finished the session at Rs 79 (78.14) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 76 (75); RSS-5: 74 (73); ungraded: 72 (71); ISNR 20: 73.25 (72) and latex 60 per cent: 57.35 (56.85).