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Aravindan

Kottayam April 14 Physical rubber prices were steady on Saturday. The market activities were low as there were no quantity buyers or sellers in the main centres. RSS 4 finished flat at Rs 91 a kg both at Kottayam and Kochi in a rather inactive trading session.

Futures improve

The rubber futures improved in all its distant contracts following fresh buying and short covering though the delivery month April finished slightly down at its concluding day on NMCE. The April contract expired at Rs 89.75 (89.96) a kg, while the near month May contract firmed up to Rs 92.90 (92.17), June to Rs 96 (94.99) and July to Rs 98.90 (97.60) per kg for RSS 4.

Spot rubber prices were (Rs/kg): RSS-4: 91 (91); RSS-5: 90 (90); ungraded: 89 (89); ISNR 20: 90 (90) and latex 60 per cent: 64.20 (64.20).

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