India: Spot rubber price improves

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Spot improved on Thursday. 4 firmed up to 128 (127) and 127.50 (127.00) per kg respectively, according to traders and the . The market regained strength on covering purchases as sellers stayed back owing to supply concerns. March futures closed at 126.90 (126.66) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) inched up to 124.64 (124.45) at Bangkok. March futures weakened to 112.11 (112.98) on the Commodity Exchange (). Spot rubber rates (/kg) : RSS-4: 128 (127); RSS-5: 124 (122.50); 20: 123 (122) and Latex (60% drc): 82.50 (82.50).

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