Saturday, August 23, 2008

Rubber Sees Steady Trend - August 23 , 2008

Kottayam: Spot rubber remained to rule firm on Aug 22. RSS 4 ended unaltered at Rs 137 a kg as on Aug 21. The tyre sector kept their quotes even below at Rs 136.50 a kg during the session possibly to avoid another bull run amidst short supply. The grade (spot) increased further to Rs 124.11 (123.21) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 137 (137); RSS-5: 134.50 (134.50); ungraded: 128 (128); ISNR 20: 131.50 (131.50) and latex 60 per cent: 81 (81).

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