Saturday, September 27, 2008

Physical Rubber Prices Experienced Heavy Losses - Sep 27, 2008

Kottayam: The physical rubber prices experienced heavy losses on Sept 26. RSS 4 plunged to Rs 125 from Rs 130 a kg as more dealers and growers joined the sellers queue even in an unhealthy market which lacked genuine consumer support. The grade fell to Rs 130.24 (130.71) a kg at Bangkok spot. Spot rates (Rs a kg) were: RSS-4: 125 (130); RSS-5:123 (127.50); ungraded: 120 (126); ISNR 20: 120.50(123); and Latex 60 per cent: 77 (77).

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