Refer Report
Kottayam ∙ Following the domestic price of rubber, the international price also dropped from Rs.200. Yesterday, the price of RSS 4 rubber was Rs 196.17 per kg in the Bangkok market. A minimum of Rs 4 per day. The reason for the drop in prices is due to low demand and high availability of goods from China, the main rubber importing country.
According to the Indian Rubber Dealers Federation, Rs 180-181 per 4 kg of RSS was traded in the domestic market yesterday. Yesterday’s price of rubber board in Kottayam and Kochi market was Rs 183 and in Agartala market the price was Rs 175.
Last June 10, the price of rubber crossed 200 rupees. On August 9, the spot price of rubber crossed Rs 250 and reached a record high.
Source: Malayalam