Rubber Witnesses Up Trend

Kottayam: Spot rubber was optimistic on Aug 23. RSS 4 closed at Rs 86 a kg against Rs 85 both at Kottayam and Kochi. In the international scene, the September futures for RSS 3 finished better at 237.7 Yen (Rs 84) a kg from 234.4 Yen a kg at TOCOM. But its spot declined by 75 paise to Rs 84.76 from Rs 85.51 a kg at Bangkok. The September contract finished at Rs 85.05 (84.12), October at Rs 80.25 (80), November at Rs 79.50 (79.51) and December at Rs 79.20 (79.13) per kg for RSS 4. Spot prices were (Rs/kg): RSS-4: 86 (85); RSS-5: 83.50 (82.50); ungraded: 81 (80); ISNR 20: 83 (82.50) and latex 60 pr cent: 60.50 (60.50).