Wednesday, 11 May 2011

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India: Spot rubber down on global cues

  • Wednesday, 11 May 2011
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  • KOTTAYAM, MAY 11: Spot rubber turned weak on Wednesday. The market lost ground following the weakness on NMCE and the late declines in Japanese futures. Though there was no selling pressure from dealers or growers, the prices moved in to the negative zone on buyer resistance. The trend was mixed. Sheet rubber moved down Rs 231.00 (232.00) a kg according to traders. The grade dropped to Rs



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