Kottayam: Physical rubber prices retreated marginally on purchasers resistance. RSS 4 fell to Rs 90.50 from Rs 91 a kg at Kottayam and Kochi. The changing climatic conditions also had its influence over the price fluctuations though the supplies were still near the bottom lines. The rubber futures also ruled weak on NMCE. The October contract declined to Rs 90.52 (91.10), November to Rs 86.65 (87.04), December to Rs 86.31 (86.91) and January contract to Rs 87.50 (87.92) per kg for RSS 4. The volumes totalled 1,196 (1,381) tonnes and open interest 3,701 (3,643) tonnes. Meanwhile the October contract fell to Rs 89.75 (90.51) a kg on MCX. Spot prices were (Rs/kg): RSS-4: 90.50 (91); RSS-5: 87.50 (88); ungraded: 85.50 (86); ISNR 20: 86.50 (87) and latex 60 per cent: 62.60 (62.60).
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