Monday, July 30, 2007
Rubber Witnesses Steady Trend
Kottayam: Physical rubber prices finished unaltered on July 27. Sheet rubber closed unchanged at Rs 85 a kg both at Kottayam and Kochi as on July 27. The August contract improved to Rs 85.31 (84.51), September to Rs 82.85 (82.42), October to Rs 82 (81.83) and November to Rs 81.55 (81.18) per kg for RSS 4. The August contract increased to Rs 84.63 a kg from Rs 83.46 a kg on MCX. Spot rates were (Rs/kg): RSS-4: 85 (85); RSS-5: 83 (83); ungraded: 81 (81); ISNR 20: 83 (83) and Latex 60 per cent: 59.45 (59.45).
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