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Physical rubber prices ruled firm on Tuesday. Sustained gains in the global trendsetters and the absence of quantity sellers kept the sentiments bullish despite a weak closing on the NMCE. RSS 4 improved to ₹123 (₹122) a kg, as quoted by the traders. The grade firmed up to ₹122.50 (₹121) and ₹119.50 (₹118) respectively according to the Rubber Board and dealers. May futures declined to ₹121.65 (₹122.97), June to ₹125.15 (₹126.31) and July to ₹127.24 (₹128.12) on the National Multi Commodity Exchange. RSS 3 (spot) closed at ₹113.59 (₹111.75) at Bangkok. May futures closed ¥212.8 (₹112.99) on the Tokyo Commodity Exchange. Spot rubber rates (₹/ kg) were: RSS-4: 123 (122); RSS-5: 118 (116); Ungraded: 108 (107); ISNR 20: 106 (105) and Latex (60% drc): 88 (86).
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