Latex to be priced at Rs 7 below RSS-4 price rates (Indian Express Finance via Yahoo! India News)
Latex to be priced at Rs 7 below RSS-4 price rates (Indian Express Finance via Yahoo! India News)
Latex processers have decided to procure liquid latex from farmer at Rs 7 per kilo less than the price of RSS-4 grade rubber. RSS-4 (Ribbed Smoked Sheet- 4) is selling at Rs 91.25 per kilo this week, with hardly any volatality. The new price formula for farmgate purchases will be effective soon, according to a meeting of representatives of latex producing units, including a whole slew of …