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Aravindan

Kottayam, July 31 The rubber prices zoomed again ridden by short supply. Covering groups and purchase agents continued to lift the prices sharply as international and domestic futures also ended in the positive zone. The volumes were thin reflecting the insufficient inflow. Sheet rubber RSS 4 moved up to Rs 88 a kg from Rs 85.50 and Rs 86 a kg respectively at Kottayam and Kochi.

In futures, the August contract firmed up to Rs 88.55 (86.63), September contract to Rs 84.40 (83.37), October to Rs 82.50 (82.05) and November to Rs 82 (82.39) a kg on NMCE. Spot prices were (Rs/kg): RSS-4: 88 (85.50); RSS-5: 86.50 (84); ungraded: 84 (81); ISNR 20: 86.50 (83.50) and latex 60 per cent: 60 (59.45).

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