Saturday, September 6, 2008
Rubber Price Increases
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)
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