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Saturday, November 27, 2021

India: Mixed trend in rubber

KOTTAYAM, AUGUST 13:  

Spot rubber prices were weak on Thursday. RSS 4 dropped to Rs 117 (Rs 118) a kg, according to traders. The grade slipped to Rs 117.50 (Rs 118) and Rs 114.50 (Rs 115) as reported by the Rubber Board and the dealers. The trend was mixed. August futures improved to Rs 115 (Rs 113.11), September to Rs 116.30 (Rs 115.22) on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to Rs 100.37 (Rs 100.14) at Bangkok. August futures closed at ¥185 (Rs 96.82) on the Tokyo Commodity Exchange. Spot rubber rates (Rs /kg): RSS-4: 117 (118), RSS-5: 112 (113), Ungraded: 102 (102), ISNR 20: 104 (104) and Latex 60%: 83 (84.50).

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