Friday, September 19, 2008

Rubber Price Declines - Sep 19, 2008

Kottayam: Rubber prices fell further or Sept 18. Most of the participants were inactive as selling from dealers and growers remained to put pressure on the prices though the market lost almost Rs 5.50 a kg from higher levels during the past few sessions. RSS 4 weakened to Rs. 135.50 from Rs 136 a kg on Sept 17. The grade fell to Rs 133.97 a kg at Bangkok. Spot rates were (Rs/kg): RSS-4: 135.50; RSS-5: 133; ungraded: 129; ISNR 20: 126.50 and latex 60 per cent: 78

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