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Thursday, Feb 10, 2005
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 Agri-Biz & Commodities - Rubber


Rubber static on poor buying

Our Correspondent

Kottayam , Feb. 9

THE spot rubber market continued to rule static, mirroring the depressed sentiments affected by VAT.

Chances of further fall in prices are high.

Rubber futures maintained positive trend on Wednesday. Spot rubber rates (per kg) on Wednesday were: RSS-4: Rs 51.75 (Rs 51.75); RSS-5: Rs 50.50 (Rs 50.50); Ungraded: Rs 49.50 (Rs 49.50); ISNR 20: Rs 51 (Rs 51); and Latex 60 per cent: Rs 39 (Rs 39).

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