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Agri-Biz & Commodities - Rubber


Rubber flares up on hectic buying

Our Correspondent

Kottayam , April 15

THE physical rubber prices flared up further on Thursday.

All the grades recorded smart gains on hectic buying from covering groups and purchase agents. Arrivals continued to be thin and the entire quantities reached the main marketing centres were absorbed offering higher rates. According to traders, a clear trend would emerge only next week after obtaining the quotations from the major manufacturers.

The futures market also moved up on Thursday. The activities were meagre.

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