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Holiday mood in market keeps spot rubber flat April 05, 2021 Spot rubber closed unchanged on Monday. The market ended in a stalemate as most traders continued to remain in a holiday mood even after Easter since Kerala Assembly elections will be held in a single phase on April 6. Another firm closing in domestic futures also failed to make any visible impact in the physical market. “The commodity is expected to remain range-bound with an upward bias this week as major consuming industries are likely to maintain a wait and watch policy during the initial days of the new financial year,” an...

Spot rubber breaches the ₹170/kg mark Kottayam | Updated on × Spot rubber continued the bull run despite a weak closing in overseas markets on Tuesday. The commodity managed to break above the much awaited 170 level on fresh buying and short covering during late trading hours. “It was important for the market to sustain above the Minimum Support Price to move towards a new high,” an observer told BusinessLine. RSS 4 improved to ₹171 (170) per kg, according to traders and the Rubber Board. The grade was quoted firm at ₹166 (165) by dealers. In futures, the March delivery was up 0...

Spot rubber made all-round gains on Monday. RSS 4 improved to ₹170 (169) per kg, according to traders and the Rubber Board. The grade crossed the Minimum Support Price (MSP) offered by the Kerala gove

Spot rubber ended in green on Friday. RSS 4 concluded at ₹168 (166) per kg, according to traders and the Rubber Board. The grade firmed up to ₹163 (161) as reported by the Dealers. There were no quant

Spot rubber resumed the upward journey on Thursday. RSS 4 improved further to ₹166 (164.50) per kg, according to traders and the Rubber Board. The grade was quoted firm at ₹161 (159.50) per kg by deal