Tuesday, July 29, 2008

Rubber sees upper trend- July 29 , 2008

Kottayam: The rubber market displayed a better trend on July 28. RSS 4 increased to Rs 137 from Rs 136.50 a kg on the previous weekend. Covering groups maintained the prices at higher levels expecting revised quotes from major manufacturers. The grade (spot) moved up to Rs 133.83 (Rs 133.19) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 137 (136.50); RSS-5: 135 (134.50); ungraded: 131.50 (131.50); ISNR 20: 134 (133.50) and latex 60 per cent: 90 (90).

No comments: