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Spot rubber was weak on Tuesday. RSS 4 slid to ₹131.50 (132) a kg, according to traders. The grade was quoted steady at ₹131.50 by the Rubber Board. The commodity lost ground on buyer resistance, while major consuming industries continued to stay away from the markets. RSS 4 improved at its September futures to ₹131.50 (131.33)on the National Multi Commodity Exchange. RSS 3 (spot) firmed up to ₹103.82 (103.49) at Bangkok. Its September futures dropped to ₹97.79 (98.22) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 131.50 (132); RSS-5: 128 (129); ISNR 20: 128.50 (129) and Latex (60% drc): 102.50 (105.50).
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