Thursday, 17 February 2011
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Spike in futures spreads to spot rubber
KOTTAYAM, FEB. 17: Spot rubber reached another record level on Thursday. Bullish reports from the domestic and international futures coupled with a firm closing in Bangkok catalysed the day's sentiments. There were enquiries from the tyre sector and the market moved up also gaining strength from short supplies as farmers continued to hold the stocks in anticipation of higher realisation. There
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