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Our Correspondent

Kottayam , April 20

THE physical rubber market showed a mixed trend on Tuesday. Buying from the covering groups and purchase agents supported sheet rubber to recover, while ISNR 20 lost on extremely low demand. The purchases from the general rubber goods sector kept ungraded rubber price strong and Latex remained steady as on the previous day.

RSS 4 improved to Rs 59 from Rs 58.75 a kg. The TOCOM May features for RSS 3 closed better at 148.6 yen against 147.4 yen. At Bangkok, RSS 3 moved up by 11 paise to Rs 60.14 from Rs 60.03 on Monday.

The rubber futures turned slightly better on Tuesday. The near month May delivery was quoted at Rs 59.40 (Rs 59.36), June delivery at Rs 61.25 (Rs 61.18), July delivery at Rs 61.48 (Rs 61.48) and August delivery at Rs 61.70 (Rs 61.63) per kg for RSS 4.

The Tuesday spot market rates per kg were as follows: RSS 4 Rs 58.75 (Rs 58.75); RSS 5 Rs 58.00 (Rs 57.50); ungraded Rs 57.00 (Rs 56.75); ISNR 20 Rs 57.00 (Rs 58.00); and latex 60% Rs 44.00 (Rs 44)

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