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Aravindan

Kottayam, Aug. 31 Spot rubber finished unchanged on Friday. The market opened better touching an intra-ay high at Rs 90 a kg in the morning session but lost grip towards close on selling at higher levels. Sheet rubber RSS 4 was static at Rs 87.50 and Rs 88 a kg respectively at Kottayam and Kochi from Rs 86 a kg as on Thursday. The volumes were moderate.

The rubber futures turned weak quoting the September contract at Rs 87.59 against Rs 88.42 a kg on MCX. The September contract for RSS 4 weakened to Rs 88.60 (89.17), October to Rs 83 (83.62), November to Rs 81.70 (82.02) and December to Rs 80.50 (81.28) per kg on NMCE. Spot prices were (Rs/kg): RSS-4: 87.50 (87.50); RSS-5: 85 (85); ungraded: 82.50 (82.50); ISNR 20: 84.50 (84.50) and latex 60%: 61.05 (61.05).

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