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Spot rubber continued to rule higher on Wednesday. “We expect sheet rubber to cross 160 soon since the majority of growers are not interested to sell their produce at the prevailing levels,” a dealer
Spot rubber ended in red on Friday. The market opened steady but lost the initial strength later on buyer resistance, reflecting the overall weakness in domestic futures and Bangkok spot prices. RSS 4
Spot rubber closed unchanged on Wednesday. The market lost its direction amidst low volumes tracking an almost similar closing in domestic futures and weak overseas trendsetters.RSS 4 was quoted stead
Rubber improves on bullish cues February 09, 2021 Spot rubber made all-round gains on Tuesday. RSS 4 improved to ₹155 (154) per kg, according to traders and the Rubber Board. As per reports, the upward revision forecasts for 2021 released by the International Monetary Fund (IMF) recently have boosted the market confidence over the post-pandemic recovery. In addition, the positive sentiment in crude oil market may also be advantageous to the commodities market. According to the Association of Natural Rubber Producing Countries (ANRPC), the average NR prices of SMR-20 improved by 0.6% to $1....
Spot rubber closed higher on Monday. The market improved reacting closely to the overall gains in domestic futures and global cues as the progress in vaccine distribution and the US stimulus hopes pro