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 Agri-Biz & Commodities - Rubber


Spot rubber steady

Our Correspondent

Kottayam , Feb. 2

SPOT rubber prices remained steady on Wednesday. Major manufacturers continued to abstain but the selling from dealers eased.

The statement made by the Finance Minister, Mr P. Chidambaram, on steps to hold prices helped improve market sentiments amidst better overseas reports.

NMCE rubber futures improved following better TOCOM closing. Spot rubber rates in Rs a kg were as follows: RSS 4: 52 (52); RSS 5: 50.50 (50.50); ungraded 49.50 (49.50); ISNR 20: 51 (51); & latex 60%: 39.50 (39.50).

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