Kottayam: Rubber prices made heavy losses on Oct 06. Sheet rubber RSS 4 ended extremely weak at Rs 100 a kg from Rs 106 a kg on the previous weekend. Though the decline is good for the manufacturing industries, it is detrimental to the interests of the rubber plantation industry, which supports about 10 lakh small and marginal farmers in India, The grade (spot) fell to Rs 117.18 (120.05) a kg at Bangkok. Spot rates were (Rs/kg): RSS-4: 100 (106); RSS-5: 97 (104.50); ungraded: 95 (100); ISNR 20: 96 (102.50) and latex 60 per cent: 74 (76).
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