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Physical rubber prices ruled flat on Monday

19 Aug 2014 Evaluate

Physical rubber prices ruled flat on Monday due to scattered transactions following a weak closing on the National Multi Commodity Exchange (NMCE).

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 130/ kg and Rs 126/ kg respectively.

In the futures market, contract of September delivery weakened to Rs 127.55 compared to its previous close of Rs 129.05, while October delivery closed at Rs 126.89 compared to its previous closing of Rs 128.59 on the National Multi Commodity Exchange (NMCE).

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