Extremely Optimistic During The Weekend Session - June 30,2008

Kottayam: The rubber prices ended higher on June 28. RSS 4 increased further to Rs 131 from Rs 130 a kg as covering groups continued to procure the raw material offering better quotes. Supply worries and intensified monsoon rains kept the market mood extremely optimistic during the weekend session. Spot prices (Rs a kg) were RSS-4: 131 (130), RSS-5: 129.50 (127.50), ungraded: 127 (125), ISNR 20: 130 (128.50) and latex 60 per cent: 89 (88).