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Physical rubber prices remained almost unchanged on Tuesday

28 Dec 2011 Evaluate

Physical rubber prices remained almost unchanged on Tuesday lacking any trading activity there were neither buyers nor sellers in the market and most of the traders were still in a holiday mood. In the global markets too activities were slowing down ahead of the New Year holidays.

Spot prices for RSS-4 variety remained unchanged at Rs 200/kg, while RSS-5 variety closed at Rs 196/kg compared to its previous closing of Rs 196.50/kg.

In the futures market, the contract of RSS-4 for January delivery closed at Rs 203.10 compared to its previous closing of Rs 203.88, while the contract for February delivery closed at Rs 205.70 compared to its previous closing of Rs 206.06 on National Multi Commodity Exchange.

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