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Aravindan

Kottayam, Aug. 18 The physical rubber prices improved on Saturday. RSS 4 closed at Rs 82 and Rs 81.50 a kg respectively at Kottayam and Kochi against Rs 80.75 and Rs 81 a kg on Friday. Covering groups kept the quotes slightly higher as sellers stayed back reacting closely to the positive signals from the domestic futures.

The rubber futures finished better probably on speculative buying and short covering in the weekend session. The September contract for RSS 4 firmed up to Rs 82.50 (80.93) a kg on MCX. The September contract for the grade moved up to Rs 82.50 (80.87), October to Rs 80.45 (79), November to Rs 79.79 (78.53) and December to Rs 78.74 (77.78) per kg on NMCE. Spot prices were (Rs/kg: RSS-4: 82 (80.75); RSS-5: 79 (77); ungraded: 75.50 (74.50); ISNR 20: 79 (77.50) and latex 60 per cent: 58.95 (58.95).

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Spot rubber improves on demand

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