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Aravindan

Kottayam, Aug. 30 The domestic rubber prices turned weak on Saturday. The market is declining consecutively for the third time after hitting the historic high of Rs 142 a kg as there has been some increase in arrivals even in the village markets which in turn seemed to be putting pressure on the prices.

Sheet rubber RSS 4 declined to Rs 141 from Rs 142 a kg on buyer resistance.

With the result, senex and block rubber are in crisis, according to Prof. K.K Abraham, President Pala Marketing Cooperative Society Ltd.

Spot prices were (Rs/kg): RSS-4: 141 (142); RSS-5: 138 (139); ungraded: 133 (134); ISNR 20: 132 (132.50) and latex 60 per cent: 81.50 (81.50).

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