Rubber witnesses fall in prices

Kottayam: The day's mood was dampened by another sharp fell in TOCOM. The global trendsetter decline on profit booking and renewed selling pressure in late trading followed by yens climb against dollar. On the domestic front, sheet rubber weakened to Rs 80 from Rs 80.75 and Rs 81 a kg respectively at Kottayam and Kochi. The July contract on NMCE decline further to Rs 80.60 (82.49), August to Rs 81.71 (83.57), September to Rs 80.70 (82.36) and October to Rs 79.01 (80.48) per kg for RSS 4. Spot rates were (Rs/kg): RSS-4: 80 (80.75); RSS-5: 79 (79.25); ungraded: 78 (78.50); ISNR 20: 78.50 (79) and latex 60 per cent: 60 (60).