Saturday, August 30, 2008

Rubber Steady Trend - Aug 30 , 2008

Kottayam; Rubber prices turned firm on Aug 29. RSS 4 closed firm at Rs 142 a kg though the international indices ened in green. The fresh quote from the tyre sector was slightly lower at Rs 141 a kg for sheet rubber. It is hoped that the present situation would change once the production picks ups shortly. Spot prices were (Rs/kg): RSS-4: 142 (142); RSS-5: 139 (139); ungraded: 134 (134); ISNR 20: 132.50 (132.50) and latex 60 per cent: 81.50 (81.50).

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