Rubber witnesses steady trend

Kottayam: Spot rubber finished almost unaltered on July 7. Sheet rubber closed firm at Rs 74 a kg at Kottayam. The grade settled higher by 50 paise at Rs 74.50 a kg at Kochi. The rubber futures finished firm on NMCE. The July delivery contract was better at Rs 74.50 (74.29), August at Rs 76.24 (75.99), September at Rs 76.80 (76.27) and October at Rs 77.08 (76.29) per kg for RSS 4. Spot prices were (Rs/k): RSS-4: 74 (74); RSS-5: 71.50 (71.50); ungraded: 69.75 (69); ISNR 20: 71 (71) and latex 60 per cent: 56.30 (56.85).