KOTTAYAM MAY 28:
Physical rubber prices lost ground on Wednesday. The market opened steady but declined later mainly following the selling from dealers.
Sheet rubber dropped to ₹149 (₹151) a kg, according to traders. The grade dropped to ₹149 (₹150) and ₹146 (₹147) respectively, according to the Rubber Board and dealers.
June futures improved to ₹151.22 (₹149.07) and July to ₹150.60 (₹148.97) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹124.31 (₹122.97) at Bangkok. June futures closed at ¥194.2 (₹112.25) on the Tokyo Commodity Exchange.
Spot rubber rates (₹/kg): RSS-4: 149 (151); RSS-5: 146 (146); Ungraded: 140 (142.50); ISNR 20: 140 (141) and Latex 60%: 120 (121).
– The Hindu
