Tuesday, June 3, 2008

Rubber Sees Weak trend - June 3, 2008

Kottayam: Spot rubber rates ruled weak on June 2. The domestic market continued under pressure as RSS 3 spot declined sharply to Rs 132.53 (136.64) a kg at Bangkok. Sheet rubber RSS 4 declined to Rs 124 from 125 on the previous weekend. Rubber prices should remain in tandem with the international prices. Spot prices were (Rs/kg): RSS-4: 124 (125); RSS-5: 119 (121); ungraded: 113.50 (114); ISNR 20: 117 (118) and latex 60 per cent: 82 (82).

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