Kottayam: Physical rubber prices improved reflecting the overall market mood on Sept 29. RSS 4 closed at Rs 90 against Rs 89 and Rs 89.50 a kg respectively at Kottayam and Kochi. It will be much earlier to sell the stocks in panic when the market is suffering from short supply. The rubber futures resumed the firm trend quoting the October contract at Rs 89.57 (88.58) a kg on MCX. The October futures on NMCE moved up to Rs 90.42 (89.57), November to Rs 86.94 (86.46), December to Rs. 86.79 (86.26) and January to Rs 87.55 (87.25) per kg for RSS 4. Spot prices were (Rs/kg): RSS-4: 90 (89); RSS-5: 87.50 (87); ungraded: 85 (84); ISNR 20: 86.50 (86) and latex 60 per cent: 62.10 (62.10).
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