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Aravindan

Kottayam May 1 The domestic rubber futures finished weak on Tuesday. According to sources the market activities were in a low key as most of the participants appeared to be in a holiday mood. The international markets were in an almost steady mood with minor variations either side.

On NMCE, the May contract concluded the session at Rs 82.05 (82.72), June at Rs 84.23 (84.73), July at Rs 86.49 (86.85) and August to Rs 87.31 (87.68) per kg for RSS 4.

May contracts dip

The volumes were 1,148 (2,699) lots. The open interest stood at 9,692 (9,644) lots with 4,629 lots in May, 3,349 lots in June, 1,367 lots in July and 347 lots in August.

The May contract for RSS 4 declined to Rs 83.40 a kg from Rs 84.16 a kg on MCX.

The June futures for RSS 3 was unchanged at 269.8 Yen (Rs 92.90) a kg at TOCOM. Its spot improved by 12 paise to Rs 93.87 a kg at Bangkok.

The physical rubber market remained closed on account of May Day.

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