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Sheet rubber prices increased on fresh enquiries from the tyre sector but latex dropped on slack demand.
RSS-4 improved to ₹122.50 (₹122) a kg, according to traders and the Rubber Board. The grade increased to ₹119.50 (₹119), according to dealers.
The market was mixed mood on Thursday. Ungraded rubber gained on sustained demand from the general rubber goods sector. The October futures improved to ₹124.40 (₹123.36), November to ₹121.30 (₹120.68), December to ₹121.25 (₹120.06), January to ₹121.20 (₹120.33) and February to ₹121.74 (₹121.10) on the National Multi Commodity Exchange. RSS 3 (spot) closed unchanged at ₹95.76 at Bangkok. October futures closed at ¥175.4 (₹99.34) on the Tokyo Commodity Exchange. Spot rubber rates (₹/ kg) were: RSS-4: 122.50 (122); RSS-5: 116 (116); ungraded: 108 (107); ISNR 20: 105 (105); and Latex (60% DRC): 83 (85).
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