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Aravindan

Kottayam, June 20 The physical rubber prices declined on Friday. The sentiments were badly affected by the weakness in global indices and the market made all-round declines as certain dealers and growers came forward to join the sellers queue.

RSS 4 moved down to Rs 124.50 a kg from Rs 126.50 a kg and the volumes were comparatively better. The tyre sector stayed back during the session to put further pressure on the prices.

The June contract for RSS 3 moved down further to ¥336.9 (Rs 134.47) from ¥341.2, July to ¥336.6 (340.1), August to ¥336.7 (340.1), September to ¥336.8 (340.1), October to ¥336.4 (341) and November to ¥337.6 (341) a kg at TOCOM. The grade weakened to Rs 140.91 (141.79) a kg at Bangkok spot.

Spot prices were (Rs/kg): RSS-4: 124.50 (126.50); RSS-5: 122.50 (123.50); ungraded: 119.50 (121.50); ISNR 20: 121 (122.50) and latex 60 per cent: 85 (86).

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