The price of premium grade RSS-4 sheet has touched Rs 150 per kilo for the first time in the past two years, though the supply situation may not allow a matching market realisation.

It seems rubber growers have got their moment in the sun, as the Indian price of natural rubber (NR) jumped 17% in 45 days. The price of premium grade RSS-4 sheet has touched Rs 150 per kilo for the first time in the past two years, though the supply situation may not allow a matching market realisation.

“The last time we saw the `150 per kilo price for RSS-4 in Kottayam market was March 21, 2017. It was just `128 per kilo in last week of April. Price has been shooting up faster than our best expectations,” Siby Monipally, secretary, Indian Rubber Growers Association (IRGA), told FE.