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Spot rubber strengthened further on Monday. RSS 4 improved to ₹128 (₹127.50) a kg, according to the Rubber Board and traders. The grade was quoted firm at ₹125 (₹124.50) by dealers.June futures concluded at ₹128.50 (₹127.32), July at ₹133.55 (₹130.99) and August at ₹134.35 (₹131.77) on the National Multi Commodity Exchange. Benchmark Tokyo rubber futures hit a fresh 14-month high, helped by firmer Shanghai futures and a weak yen. June futures closed at ¥231.3 (₹118.74) on the Tokyo Commodity Exchange. Spot rubber rates (₹/kg): RSS-4: 128 (127.50); RSS-5: 126 (125.50); Ungraded: 118 (117); ISNR 20: 116 (115.50) and Latex (60% drc): 114 (112).
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