Rubber witnesses steady trend

Kottayam: Physical rubber prices finished unaltered on June 23. Sheet rubber RSS 4 closed flat at Rs 78 a kg at Kottayam, while the grade was quoted slightly better by 50 paise at Rs 78.50 a kg at Kochi. The July contract ended at Rs. 79.49 against Rs 80.18 a kg on MCX. On NMCE, the July contract retreated to Rs 78.97 (79.86), August to Rs 80 (80.93), September to Rs 79.00 (80.37) and October to Rs 78.60 (79.44) per kg for RSS 4. Spot prices were (Rs/kg): RSS-4: 78 (78); RSS-5: 76.75 (76.75); ungraded: 75 (75); ISNR 20: 76.25 (76.25) and latex 60 per cent: 58.95 (57.90).