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Spot rubber recovered marginally on Wednesday. RSS 4 improved to ₹118.50 (₹118) a kg, according to traders and the Rubber Board. Covering purchases at lower levels kept the market firm during late trading hours. The trend continued to remain mixed and volumes low. December futures firmed up to ₹122.14 (₹120.91) on the Indian Commodity Exchange (ICEX). RSS 3 (spot) closed at ₹94.49 (₹94.48) at Bangkok. Its December futures weakened to ₹85.56 (₹85.88) on the Tokyo Commodity Exchange (TOCOM).
Spot rubber rates (₹/kg) were: RSS-4: 118.50 (118); RSS-5: 115 (114); ISNR 20: 107 (107) and Latex (60% drc): 82.50 (82.50).
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