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Sunday, May 29, 2022

India: Spot rubber stay steady

APRIL 27:

 Spot rubber finished steady on Saturday. The market managed to sustain at the prevailing levels following a firm closing on the National Multi Commodity Exchange.

Sheet rubber closed unchanged at Rs 161 a kg, according to traders and Rs 160 a kg, according to Rubber Board. Volumes were low.

The May series improved to Rs 160.30 (158.29), June to Rs 160.30 (157.18), July to Rs 158.40 (155) and August series to Rs 155.55 (153.30) a kg, while the September series remained inactive on the NMCE.

Spot rubber rates (Rs/kg) were: RSS-4 161 (161); RSS-5 156 (156); ungraded 152 (152); ISNR 20 150 (150); and Latex 60% 102 (102).

Source: Business Line

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