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Agri-Biz & Commodities - Rubber
Spot rubber prices improve

Kottayam, July 12

Physical rubber prices improved on Saturday. The prices firmed up marginally as covering groups remained optimistic during the weekend session. Sheet rubber RSS closed at Rs 131 against Rs 130.50 a kg on Friday. "We expect rubber rates to regain strength in the days ahead,'' a trader said. "The market is suffering from acute shortage of the raw material and any quantity buying orders would take it to further highs,'' he said. Spot prices (Rs a kg) were: RSS-4 :131 (130.75); RSS-5: 129 (128.75); ungraded : 127 (126.75); ISNR 20: 129.25 (129) and latex 60 per cent: 88.50 ( 88.50). - Our Correspondent

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