KOTTAYAM, AUGUST 8:
Spot rubber lost ground following the declines in domestic futures on Tuesday. RSS 4 weakened to ₹132 from ₹135 and ₹133 a kg respectively, according to traders and the Rubber Board.
The grade dropped to ₹129 (130) as reported by the dealers. August futures declined to ₹129.75 (133.13), September to ₹128.33 (130.95), October to ₹127.50 (130.15) and November to ₹126.50 (129.25) on NMCE. RSS 3 (spot) slid to ₹116.07 (116.14) at Bangkok. Its August futures improved to ₹119.67 (119.21) on TOCOM. Spot rubber rates (₹/kg) follow: RSS-4: 132 (135); RSS-5: 127 (130); ISNR 20: 116 (118) and Latex (60% drc): 84.50 (85).
