KOTTAYAM, JULY 31:
Spot rubber turned weak on Wednesday. A positive change in weather during the last couple of days as rains subsided is expected to initiate an improvement in arrivals.
Sheet rubber finished declined to Rs 194 (Rs 195) a kg, both at Kottayam and Kochi, according to traders and the Rubber Board.
August futures improved to Rs 192.30 (Rs 190.65), September Rs 179.91 (Rs 178.19), October Rs 169.43 (Rs 167.77), November Rs 164.99 (Rs 163.35) and December Rs 164.11 (Rs 162.73) on the National Multi Commodity Exchange.
RSS 3 (spot) inched up to Rs 147.41 (Rs 147.38) at Bangkok.
August futures closed at ¥239.7 (Rs 149.42) on the Tokyo Commodity Exchange.
Spot rubber rates Rs/kg were : RSS-4: 194 (195); RSS-5: 189 (189); Ungraded: 179 (179); ISNR 20: 177 (178) and Latex 60%: 161 (163).
Source: The Hindu
