Rubber Sees Steady Trend - Sep 06 , 2008

Kottayam: Spot rubber prices remained to rule unchanged on Sept 5. Major manufacturers were purchasers on the grade up to the quoted levels and sheet rubber RSS 4 ended flat at Rs 140 a kg as on Sept 4. The grade (spot) increased slightly to Rs 132.97 from Rs.132.32 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)

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).

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).

Rubber Sees Steady Trend - August 23 , 2008

Kottayam: Spot rubber remained to rule firm on Aug 22. RSS 4 ended unaltered at Rs 137 a kg as on Aug 21. The tyre sector kept their quotes even below at Rs 136.50 a kg during the session possibly to avoid another bull run amidst short supply. The grade (spot) increased further to Rs 124.11 (123.21) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 137 (137); RSS-5: 134.50 (134.50); ungraded: 128 (128); ISNR 20: 131.50 (131.50) and latex 60 per cent: 81 (81).

Rubber Price Declines - Aug 20 , 2008

Kottayam: Rubber rates declined further on Aug 19. RSS 4 fell to Rs 137 from Rs 137.75 a kg on buyer resistance. Major manufacturers remained inactive hopes the prices to cool down reducing the gap between the domestic and global rates. Spot prices were (Rs/kg): RSS-4: 137 (137.75); RSS-5: 134.50 (135); ungraded: 128 (129); ISNR 20: 131.50 (131.50) and latex 60 per cent: 81 (82).

Rubber Prices Sees Weak Trend - Aug 18 , 2008

Kottayam: Physical rubber prices displayed a weak trend on Aug 16. RSS 4 fell to Rs 139 from Rs 140 a kg on purchaser resistance while most of the grades registered moderate losses during the weekend session. Spot prices were (Rs/kg): RSS-4: 139 (140); RSS-5: 136 (136.50); ungraded: 130 (130); ISNR 20: 133 (134) and latex 60 per cent: 83 (85).

Rubber Rate Increases - Aug 13 , 2008

Kottayam: Rubber prices displayed a better trend on Aug 12. Sheet rubber RSS 4 increased to Rs 137.50 from Rs 136.50 a kg both at Kottayam and Kochi. Purchasers were chasing the sparse arrivals to fulfil their earlier commitments even at Rs 12 above the global rates. Spot prices were (Rs/kg): RSS-4: 137.50 (136.50); RSS-5: 135 (132); ungraded: 128.50 (126.50); ISNR 20: 132.25 (131) and latex 60 per cent: 83.50 (83).

Rubber Falls On Global Cues - Aug 06 , 2008

Kottayam: Spot rubber gave up on Aug 5. The sentiments were led by the losses in world indices, which decline deeply in, to the negative territory following falls in oil and precious metals futures. RSS 4 declined to Rs 136 from Rs 137.50 a kg amidst improved volumes. The session saw better arrivals from growers while major consuming industries turned inactive letting the market to fall on renewed selling pressure. Spot rates were (Rs/kg): RSS-4: 136 (137.50); RSS-5: 134 (135); ungraded: 128 (131.50); ISNR 20: 133 (134.50) and latex 60 per cent: 85 (87).

Rubber Rates Weakened Further - Aug 05 , 2008

Kottayam: The rubber rates weakened further on Aug 4. The market declined as certain dealers and growers joined the sellers' queue fearing the trend to remain bearish in short term. Sheet rubber RSS 4 fell to Rs 137.50 from Rs 138.50 a kg on the previous weekend. Meanwhile major manufacturers kept its quotes much below at Rs 137 to avoid an immediate recovery in prices. Spot rates were (Rs/kg): RSS-4: 137.50 (138.50); RSS-5: 135 (137); ungraded: 131.50 (133); ISNR 20: 134.50 (136) and latex 60 per cent: 87 (89).

Rubber Price Falls On Global Cues - Aug 04 , 2008

Kottayam: Physical rubber prices declined into a corrective phase on Aug 2. The trading centres saw moderate selling pressure from dealers mainly as the international prices ruled much below the domestic rates. Sheet rubber declined to Rs 138.50 from Rs 141 a kg while the market made all-round declines on purchaser resistance. Spot prices were (Rs/kg): RSS-4: 138.50 (141); RSS-5: 137 (138.50); ungraded: 133 (134); ISNR 20: 136 (137) and latex 60 per cent: 89.00 (89).

Rubber Rates Increase To Record High - Aug 01 , 2008

Kottayam: The domestic rubber managed to reach another all time high on July 31. Sheet rubber RSS 4 increased sharply to Rs 142 from Rs 139 a kg on renewed purchasing interest as the trend setting global futures took a turn to close in the positive zone. RSS 3 (spot) fell to Rs 133.83 (134.06) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 142 (139); RSS-5: 139 (136.50); ungraded: 136 (133); ISNR 20: 137.50 (135) and latex 60 per cent: 90 (90).

Rubber Sees Steady Trend - July 30 , 2008

Kottayam: The rubber prices ruled firm on July 29. The undercurrent remained to be steady on short supply followed by intensified rains all over the plantation areas. RSS 4 closed unaltered at Rs 137 a kg. The grade's spot fell to Rs 133.76 (Rs 133.83) a kg at Bangkok. Spot prices (Rs/kg) were: RSS-4: 137 (137); RSS-5 : 135 (135); ungraded: 131.50 (131.50); ISNR 20 : 134 (134); and latex 60%: 90 ( 90).

Rubber sees upper trend- July 29 , 2008

Kottayam: The rubber market displayed a better trend on July 28. RSS 4 increased to Rs 137 from Rs 136.50 a kg on the previous weekend. Covering groups maintained the prices at higher levels expecting revised quotes from major manufacturers. The grade (spot) moved up to Rs 133.83 (Rs 133.19) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 137 (136.50); RSS-5: 135 (134.50); ungraded: 131.50 (131.50); ISNR 20: 134 (133.50) and latex 60 per cent: 90 (90).

Rubber Sees Steady Trend - July 25 , 2008

Kottayam: The physical rubber prices ended unaltered on July 24. Spot prices were (Rs/kg): RSS-4: 136 (136); RSS-5: 134 (134); ungraded: 130 (130); ISNR 20: 133 (133) and latex 60 per cent: 90 (90).

Rubber Price Increases - July 23, 2008

Kottayam: The domestic rubber prices increased sharply above the international prices on July 22. Surprisingly the sharp increase of Rs 3 a day appears to be quite unusual as it shows the abnormal scarcity of the commodity in the market. RSS 4 increased to Rs 137 from Rs 134 a kg catalysed by the aggressive purchasing from major consuming sectors. The tyre sector has been active on sheet rubber up to Rs 136 a kg. Spot prices were (Rs/kg): RSS-4: 137 (134); RSS-5: 134 (132); ungraded: 132 (130); ISNR 20: 133 (131) and latex 60 per cent: 90 (89).

Rubber Price Increases - July 22 , 2008

Kottayam: The opening day of the week saw yet another better closing in rubber rates. Even the village markets were suffering from sharp short supply as most of the growers reported sharp decline in output due to fundamental reasons. Sheet rubber RSS 4 increased further to Rs 134 from Rs 133 a kg on the previous weekend. RSS 3 (spot ) closed at Rs 137.09 a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 134 (133); RSS-5: 132 (131); ungraded: 130 (129); ISNR 20: 131 (131) and latex 60 per cent: 89 (88.50).

Rubber Price Improves - July 21, 2008

Kottayam: The rubber prices ended higher at the weekend session. Covering groups continued aggressive procuring sheet rubber at the quoted levels as the domestic buyers were under pressure during the past few sessions due to supply concerns. RSS 4 increased to Rs 133 from Rs 131.75 a kg on July 18. The market is suffering from acute short supply and any fresh purchasing interest would certainly trigger another bull run in the domestic scene. Spot prices were (Rs/kg): RSS-4: 133 (131.75); RSS-5: 131 (130); ungraded: 129.00 (128.50); ISNR 20: 131 (130.50) and latex 60 per cent: 88.50 (88.50).

Rubber Rates Regain - July 12, 2008

Kottayam: The domestic rubber prices regained on July 11. Sheet rubber RSS 4 ended at Rs 131.50 a kg against Rs 129.50 a kg on July 10. Spot prices were (Rs/kg): RSS-4: 130.75 (129.50); RSS-5: 128.75 (128); ungraded: 126.75 (126); ISNR 20: 129 (129) and latex 60 per cent: 88.50 (88.50).

Rubber Sees Steady Trend - July 11, 2008

Kottayam: Spot rubber closed almost firm on July 10. The only loser of the day was RSS 4, which declined by 50 paise to Rs 129.50 a kg on purchasers resistance. RSS 3 spot declined to Rs 138.27 (139.43) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 129.50 (130); RSS-5: 128 (128); ungraded: 126 (126); ISNR 20: 129 (129) and latex 60 per cent: 88.50 (88.50).

Rubber sees downward trend - July 10, 2008

Kottayam: The rubber market declined further on July 9. RSS 4 fell to Rs 130 from Rs 131.50 a kg on sustained selling from dealers. According to sources, they were responding closely to the weakness in global rubber, which continued under pressure followed by another sharp decline in oil and precious metals futures. The grade fell to Rs 139.43 (139.98) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 130 (131.50); RSS-5: 128 (129); ungraded: 126 (127); ISNR 20: 129 (130) and latex 60 per cent: 88.50 (89).