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Our Correspondent

Kottayam , Feb. 14

RUBBER prices staged a moderate recovery on Monday.

According to sources, domestic market might attract exporters as the international market rules by about Rs 5 above the Indian price.

As the arrivals are also in a declining phase, any positive news may trigger an up move in prices.

The NMCE rubber turned almost steady on Monday. The March contract was traded at Rs 52.03 (51.98), April contract at Rs 55.50 (55.48) and May contract at Rs 57.18 (57.05) per kg for RSS 4.

The spot rubber rates per kg were as follows: RSS-4: Rs 50.75 (50.25), RSS-5: Rs 49.75 (49), ungraded: Rs 48.75 (48.25), ISNR 20: Rs 50 (49.75), and latex 60 per cent: Rs 38 (38).

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