Rubber Sees Mixed Trend

Kottayam: Physical rubber prices witnessed a mixed trend on Sept 7. Sheet rubber declined to Rs 88 a kg from Rs 88.25 and Rs 88.50 a kg respectively at Kottayam and Kochi. The sentiments were dull as major manufactures were not interested to buy at prevailing levels. The September contract for RSS 4 finished at Rs 86.35 a kg against Rs 86.26 on MCX. The September contract for the grade was quoted at Rs 88.35 (88.32), and October at Rs 83.76 (83.63), while the November contract increased to Rs 82.25 (81.25) and December contract to Rs 82.10 (81.24) per kg on NMCE. The transactions totalled 1,417 (983) lots. Spot prices were (Rs/kg): RSS-4: 88 (88.25); RSS-5: 85.50 (85.50); ungraded: 81.75 (82); ISNR 20: 85 (85) and latex 60 per cent: 61.05 (61.55).