India: Rubber prices witness mixed trends

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Physical were in a mixed trend on Thursday. 4 finished flat at Rs.130.00 and Rs.129.00 per kg respectively according to and the Rubber Board. The grade was quoted steady at Rs.125.00 per kg by Dealers. There were no genuine sellers or buyers on during late hours but 5 and ISNR 20 improved further on enquiries from the non sector.

In futures, the November contracts weakened to Rs.127.50 (128.31), December to Rs. 128.08 (129.54) and January to Rs.130.02 (131.89)  per kg on the Indian Commodity Exchange (ICEX).

RSS 3 (spot) closed marginally higher at Rs.107.74 (107.14) per kg at Bangkok. The November futures improved to Rs.107.84 (107.78), December to Rs.110.03 (109.28) and January to Rs. 112.02 (111.02)  per kg on the (TOCOM).

rates (Rs/kg) were:

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RSS-4 130.00 (130.00)
RSS-5 127.00 (126.00)
ISNR 20 118.50 (118.00)
Latex (60 per cent drc) 91.50 (91.50)

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