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Our Correspondent

Kottayam , June 3

SPOT rubber market showed a mixed trend on Thursday. The strong buyer resistance continued as RSS 4 and ungraded rubber surrendered slightly on very narrow trading amidst low arrivals. The other grades were steady lacking trading interest. Sheet rubber moved down to Rs 60 from Rs 60.25 on Wednesday.

The rubber futures continued its steady trend quoting the June delivery at Rs 60.35 (60.32) a kg. The near month July delivery was quoted at Rs 59.13 (59.12), August delivery at Rs 58.04 (57.84) and September delivery at Rs 57.28 (57) per kg for RSS 4.The volumes were moderate.

The TOCOM July futures for RSS 3 closed at 153.5 yen against 154.7 yen a kg. At Bangkok RSS 3 improved to Rs 62.27 from Rs 62.16 on Wednesday The spot market rates per kg on Thursday were as follows: RSS 4 Rs 60 (60.25); RSS 5 Rs 58.75 (58.75); ungraded Rs 58 (58.25); ISNR 20 Rs 57 (57); latex 60 per cent Rs 45.50 (45.50).

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