Tuesday, July 22, 2008

Rubber Price Increases - July 22 , 2008

Kottayam: The opening day of the week saw yet another better closing in rubber rates. Even the village markets were suffering from sharp short supply as most of the growers reported sharp decline in output due to fundamental reasons. Sheet rubber RSS 4 increased further to Rs 134 from Rs 133 a kg on the previous weekend. RSS 3 (spot ) closed at Rs 137.09 a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 134 (133); RSS-5: 132 (131); ungraded: 130 (129); ISNR 20: 131 (131) and latex 60 per cent: 89 (88.50).

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