Kottayam: The rubber rates weakened further on Aug 4. The market declined as certain dealers and growers joined the sellers' queue fearing the trend to remain bearish in short term. Sheet rubber RSS 4 fell to Rs 137.50 from Rs 138.50 a kg on the previous weekend. Meanwhile major manufacturers kept its quotes much below at Rs 137 to avoid an immediate recovery in prices. Spot rates were (Rs/kg): RSS-4: 137.50 (138.50); RSS-5: 135 (137); ungraded: 131.50 (133); ISNR 20: 134.50 (136) and latex 60 per cent: 87 (89).
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