Kottayam: The domestic rubber prices continued sluggish though the fundamentals were unchanged and the global indices bullish. In spot, sheet rubber RSS 4 closed firm at Rs 99 a kg at Kottayam, while it fell to Rs 98.50 from Rs 99.50 a kg at Kochi. The November contract fell to Rs 98.33 (99.18) a kg on MCX. On NMCE, the November contract declined further to Rs 98.05 (99.45), December to Rs 98.55 (100.43), January to Rs 99.25 (101.14) and February to Rs 100.70 (102.54) per kg for RSS 4. The outstanding positions were recorded as 1,511 (1,615) lots in November, 1,382 (1,370) lots in December, 823 (852) lots in January and 440 (406) lots in February on NMCE. The November futures for RSS 3 bounced back to 271.3 (Rs 94.07) yen from 267.3 yen a kg at TOCOM.
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