Kottayam: The rubber prices surrendered slightly on July 8. Declines in world rubber followed by yen's strength against dollar and sharp decline in oil products and crude oil futures kept the domestic market under pressure. RSS 4 fell to Rs 131.50 a kg on scattered selling from dealers. RSS 3 (spot) fell to Rs 139.98 (141.77) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 131.50 (132); RSS-5: 129 (130); ungraded: 127 (127.50); ISNR 20: 130 (131) and latex 60 per cent: 89 (89).
Wednesday, July 9, 2008
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