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Spot rubber continued its steady rule on Monday. RSS 4 finished flat at ₹125 a kg, according to traders and the Rubber Board. The trend was partially mixed, since latex lost ground on buyer resistance, but the market managed to sustain at the quoted levels, as most growers and traders were expecting a firm trend ahead in tandem with global trend-setters.
January futures improved to ₹126.25 (125.99)on the Indian Commodity Exchange (ICEX). RSS 3 (spot) slid to ₹110.52 (110.57) at Bangkok. Spot rubber rates (₹/kg): RSS-4: 125 (125); RSS-5: 121 (121); ISNR 20: 117 (117) and Latex (60% drc): 88 (89.50).
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