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Aravindan

Kottayam, June 30. The Saturday session witnessed a better closing in physical rubber prices. Buying at lower levels took the market to the positive zone and the mood was well guided by a bullish closing in domestic futures, a dealer said. Sheet rubber ended at Rs 75 and Rs 74.50 a kg respectively at Kottayam and Kochi against Rs 74 a kg on enhanced demand.

In futures, rubber was firm on sustained buying interest in all contracts on NMCE. The July contract moved up further to Rs 75.90 (75.27), August to Rs 77 (76.07), September to Rs 76.99 (76.10) and October contract to Rs 77 (76.12) per kg for RSS 4. Spot rubber prices were (Rs/kg): RSS-4: 75 (74); RSS-5: 73 (72.50); ungraded: 70.50 (70); ISNR 20: 72.50 (72) and latex 60 per cent: 56.85 (56.85).

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