Indian farmers hold rubber, wait for prices to rise

Newswire

MUMBAI, Dec 20 (Reuters) - Most Indian rubber farmers resisted bringing their produce to the spot market on Monday, waiting for prices to harden and catch up with International prices, head of dealers body told Reuters. "Farmers are not bringing rubber in the market. They are waiting for domestic prices to rise following the rally in the global market," George Valy, president of The Indian Rubber Dealers Federation, told Reuters. Indian tyre makers bought RSS-4 rubber (ribbed smoked ...

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