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Monday, January 24, 2022

India: Spot rubber rules steady

Spot rubber continued to rule steady on Monday. RSS 4 finished unchanged at ₹133 and ₹130 a kg respectively, according to the Rubber Board and dealers. But the grade slid to ₹132 (₹133), according to traders. June futures improved to ₹130 (₹129.66), while the July futures slid to ₹127.49 (₹127.76), August to ₹126.76 (₹127.35) and September to ₹125.55 (₹126.66) on the National Multi Commodity ExchangeRSS 3 (spot) firmed up to ₹98.67 (₹98.60) at Bangkok. June futures weakened to ¥149.5 (₹94.99) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 132 (132); RSS-5: 129 (129); Ungraded: 110 (110); ISNR 20: 115 (115) and Latex (60% drc): 100 (100). Our Correspondent

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