Once again domestic natural rubber price is above the international prices. Today, price of natural rubber (RSS-4 grade) in the domestic market (at Kottayam) closed at Rs 217 a kg and on the other hand the international price of RSS3 grade at Bangkok closed at 215.26 a kg.
It is expected that rubber prices to decline further in the coming days and one can expect to see the price to touch Rs. 206 a kg in the domestic market and in the international market there is an indication of upward trend and probable will touch Rs. 222 a kg.
Read lot more in Rubber4U – 1st July 2011 issue
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