Rubber Witnesses Up Trend

Kottayam: The rubber prices increased again ridden by short supply. Sheet rubber RSS 4 increased to Rs 88 a kg from Rs 85.50 and Rs 86 a kg respectively at Kottayam and Kochi. In futures, the August contract firmed up to Rs 88.55 (86.63), September contract to Rs 84.40 (83.37), October to Rs 82.50 (82.05) and November to Rs 82 (82.39) a kg on NMCE. Spot prices were (Rs/kg): RSS-4: 88 (85.50); RSS-5: 86.50 (84); ungraded: 84 (81); ISNR 20: 86.50 (83.50) and latex 60 per cent: 60 (59.45).