Rubber Sees Steady Trend

Kottayam: Spot rubber was firm in the weekend session. RSS 4 closed at Rs 81 a kg both at Kottayam and Kochi as on July 13. The rubber futures weakened on NMCE except for its July contract which expired at Rs 81.20 (80.50) a kg, while the August contract slipped to Rs 81.88 (82.09), September to Rs 81.90 (82.56) and October contract to Rs 81.75 (82.73) per kg for RSS 4. The August contract fell to Rs 81.90 (82.10) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 81 (81); RSS-5: 79.50 (79.50); ungraded: 77 (77); ISNR 20: 79 (79) and latex 60 per cent: 58.40 (58.40).