Rubber Price Falls

Kottayam: Physical rubber prices surrendered on March 18. RSS 4 declined to Rs 104 and Rs 104.50 a kg from Rs 105 and Rs 105 25 a kg respectively at Kottayam and Kochi. April futures declined further on NMCE to Rs 104.48 (105.30), May futures to Rs 106.50 (107.50), June to Rs 107.85 (109.07) and July futures to Rs 108.80 ( 109.66 ) per kg for RSS 4. The open interest stood at 4,126 (4,180) tonnes with 2,342 (2,394) tonnes in April, 1,057 (1,059) tonnes in May, 661 (686) tonnes in June and 66 (41) tonnes in July. Spot prices were (Rs/kg): RSS-4: 104 (105); RSS-5: 102 (102.50); ungraded: 98.50 (100); ISNR 20: 101.50 (102) and latex 60 per cent: 70.50 (71.50).