Friday, September 5, 2008

Rubber Market Sees Steady Trend - Sep 05 , 2008

Kottayam: Rubber market ruled firm on Sept 4. RSS 4 ended unchanged at Rs 140 a kg consecutively for the third day on purchaser resistance. Major manufacturers were purchasers on sheet rubber up to Rs 140 a kg but they were unwilling to enhance their quotes further though the leading global indices finished higher on late trading. The grade's spot ended firm at Rs 132.32 (132.17) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 140 (140); RSS-5: 136 (136); ungraded: 133 (133); ISNR 20: 130 (130) and latex 60 per cent: 80.50 (80.50).

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