Wednesday, August 20, 2008

Rubber Price Declines - Aug 20 , 2008

Kottayam: Rubber rates declined further on Aug 19. RSS 4 fell to Rs 137 from Rs 137.75 a kg on buyer resistance. Major manufacturers remained inactive hopes the prices to cool down reducing the gap between the domestic and global rates. Spot prices were (Rs/kg): RSS-4: 137 (137.75); RSS-5: 134.50 (135); ungraded: 128 (129); ISNR 20: 131.50 (131.50) and latex 60 per cent: 81 (82).

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