Kottayam: The rubber market declined further on July 9. RSS 4 fell to Rs 130 from Rs 131.50 a kg on sustained selling from dealers. According to sources, they were responding closely to the weakness in global rubber, which continued under pressure followed by another sharp decline in oil and precious metals futures. The grade fell to Rs 139.43 (139.98) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 130 (131.50); RSS-5: 128 (129); ungraded: 126 (127); ISNR 20: 129 (130) and latex 60 per cent: 88.50 (89).
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