KOTTAYAM, JULY 8:
The domestic rubber prices declined further following the heavy losses in the global markets on Wednesday. RSS 4 weakened to ₹124.50 (₹126) a kg, according to traders. The grade surrendered to ₹125 (₹127) and ₹122 (₹124) respectively as reported by the Rubber Board and dealers. July futures dropped to ₹121.40 (₹124.09), August to ₹121.74 (₹124.44) and September to ₹121.78 (₹123.60) on the National Multi Commodity Exchange. RSS 3 (spot) weakened to ₹105.69 (₹107.68) at Bangkok. July futures closed at ¥188.8 (₹98.69) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 124.50 (126); RSS-5: 122 (122.50); Ungraded: 110 (111); ISNR 20: 114 (116) and Latex 60%: 114 (115).
– The Hindu
