Rubber Witnesses Mixed Trend

Kottayam: Spot rubber prices saw a mixed trend on Sept 4. RSS 4 fell to Rs 88 from Rs Rs 88.50 and Rs 89.50 a kg respectively at Kottayam and Kochi on buyer resistance. Meanwhile latex 60 per cent improved on better demand, while RSS 5 was unchanged and ungraded rubber weak. The rubber futures turned weak recording reasonable losses in all contracts. The September contract on NMCE fell to Rs 87.11 (89.74), October to Rs 82.87 (83.75), November to Rs 80.76 (81.86) and December to Rs 80.40 (81.01) per kg for RSS 4. Physical prices were (Rs/kg): RSS-4: 88 (88.50); RSS-5: 86.50 (86.50); ungraded: 82.50 (83.50); ISNR 20: 85 (86.25) and latex 60 per cent: 62.60 (62.10).