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

Rubber Price Increases - Sep 8, 2008

Kottayam: Physical rubber prices increased on Sept 6. Supply worries remained to put pressure on the purchasers while RSS 4 firmed up to Rs 140.50 from Rs 140 a kg on Sept 5. In the domestic market, sheet rubber RSS 4 lost 50 paise per kg during the week. The trading volumes were low. Spot rates were (Rs/kg): RSS-4: 140.50 (140); RSS-5: 136.50 (136); ungraded: 134 (133); ISNR 20: 130 (130) and latex 60 per cent: 80.50 (80.50)

Rubber Price Increases - 28 Aug 08

Kottayam: Spot rubber price improved on Aug 27. RSS 4 crossed higher the magical level of Rs 140 to settle firm at Rs 141 (Rs 139) a kg on better demand. Supply worries dominated the market mood and covering groups continued extremely aggressive on the grade during the session. The transactions were low. Spot prices were (Rs/kg): RSS-4: 141 (139); RSS-5: 137 (135); ungraded: 132 (130); ISNR 20: 134 (131) and latex 60 per cent: 81.50 (81).