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India: Rubber futures under pressur

09/09/2014 By adminweb

KOTTAYAM, SEPTEMBER 8:
Sheet rubber was quoted weak at Rs 125.50/kg (Rs 126.50) by the Rubber Board. According to sources, market remained under pressure tracking the sharp declines in domestic futures. The September contracts declined to Rs 121.80 (Rs 125.25), October to Rs 120.51 (Rs 123.73), November to Rs 120.59 (Rs 123.65) and December to Rs 120.80 (Rs 124.40) on the National Multi Commodity Exchange.
RSS 3 (spot) weakened to Rs 105.62 (Rs 107.34) at Bangkok. The September futures slipped to ¥184.4 (Rs 105.59)/kg on the Tokyo Commodity Exchange.
– The Hindu

Filed Under: Global rubber market news, News

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