India: Spot rubber continues to rule steady

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KOTTAYAM, AUGUST 21

Spot rubber rates continued to rule unchanged except Latex (60% drc) which improved sharply on acute short supplies to ₹100 (93) a kg, on Tuesday. RSS 4 closed steady at ₹133 and ₹133.50 respectively, according to traders and the Rubber Board. The volumes were dull. RSS 4 improved at its September futures to ₹134.60 (132.91) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) declined to ₹102.75 (104.50) at Bangkok. Its August futures improved to ₹103.77 (102.44) on the Tokyo Commodity Exchange (TOCOM).