Friday, August 1, 2008

Rubber Rates Increase To Record High - Aug 01 , 2008

Kottayam: The domestic rubber managed to reach another all time high on July 31. Sheet rubber RSS 4 increased sharply to Rs 142 from Rs 139 a kg on renewed purchasing interest as the trend setting global futures took a turn to close in the positive zone. RSS 3 (spot) fell to Rs 133.83 (134.06) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 142 (139); RSS-5: 139 (136.50); ungraded: 136 (133); ISNR 20: 137.50 (135) and latex 60 per cent: 90 (90).

No comments: