Tuesday, July 1, 2008

Increase Rubber Price - July 1,2008

Kottayam: Physical rubber prices ended higher on June 30. RSS 4 increased further to Rs 131.50 from Rs 131 a kg during the previous weekend. The grade touched Rs 133 a kg on early trades as Japanese indices ruled firm during the morning session. Supply worries continued to haunt the main marketing centres. RSS 3 (spot) increased to Rs 140.42 (139.73) a kg at Bangkok spot. Spot prices were (Rs/kg): RSS-4: 131.50 (131); RSS-5: 130 (129.50); ungraded: 127.50 (127); ISNR 20: 130 (130) and latex 60 per cent: 89 (89).

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