Monday, September 1, 2008

Rubber Sees Weak Trend - Sep 01 , 2008

Kottayam: The domestic rubber rates turned weak on Aug30. The market is falling consecutively for the third time after touching the historic high of Rs 142 a kg as there has been some increase in arrivals even in the village markets which in turn seemed to be putting pressure on the prices. Sheet rubber RSS 4 fell to Rs 141 from Rs 142 a kg on purchasers resistance. Spot prices were (Rs/kg): RSS-4: 141 (142); RSS-5: 138 (139); ungraded: 133 (134); ISNR 20: 132 (132.50) and latex 60 per cent: 81.50 (81.50).

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