India: Spot rubber gains on supply concerns

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, JULY 11

Spot made all-round gains on Wednesday as supply concerns and widespread rains initiated a visible buying pressure in the market. RSS 4 improved to 128 (127.50) a kg, as reported by the traders and the . The overall volumes were low.

July firmed up to 129.45 (128.76) and August to 129.68 (129.42) on the National Multi Commodity Exchange (). RSS 3 (spot) inched up to 104.05 (103.89)at . Its July futures slid to 102.04 (102.73) on the Commodity Exchange (). Spot rubber rates (/kg) were: RSS-4: 128 (127.50); RSS-5: 125.50 (125); ISNR 20: 127 (125.50) and Latex (60% drc): 82.50 (82.50).

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