Rubber Sees Steady Trend

Physical rubber prices ended almost firm on Sept 9. Supply concerns continued to disrupt the trading activities in the main marketing centres but major grades remained flat on strong purchasers resistance. Sheet rubber RSS 4 closed unchanged at Rs 141 a kg as on Sept 8. On the domestic front, the trend was mixed as ungraded rubber and latex improved by 50 paise on scattered transactions. RSS 3 (spot) increased to Rs 133.18 (132.15) a kg at Bangkok. Spot prices were (Rs/kg): RSS-4: 141 (141); RSS-5: 138 (138); ungraded: 136 (135.50); ISNR 20: 130 (130) and Latex 60 per cent: 81 ( 80.50)