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Our Correspondent

Kottayam , June 30

RUBBER prices declined a tad influenced by the daily variations in climate on Wednesday, though the covering groups and purchase agents were present in the market.

Sheet rubber lost 25 paise a kg to close at Rs 66.75 against Rs 67 on Tuesday.

The rubber futures continued to rule weak except for its October delivery, which was quoted at Rs 58.24 (58) a kg on Wednesday. The near month July delivery was quoted at Rs.66.60 (66.92), August delivery at Rs 62.75 (63) and September delivery at Rs 59.60 (59.65) a kg for RSS 4. The volumes were moderate.

At Bangkok, RSS 3 improved from Rs 62.83 a kg to Rs 63.28. The TOCOM July futures for RSS 3 declined to 158.9 yen from 160.4 yen a kg on Tuesday.

The spot market rates per kg on Wednesday were as follows: RSS 4 66.75 (67); RSS 5 62.75 (63); ungraded 60.50 (61); ISNR 20 58.50 (58.50); & latex 60% 48.75 (48.75).

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