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Physical rubber prices remain unchanged for the second day

02 Feb 2012 Evaluate

Physical rubber prices remained unchanged for yet another day on Wednesday, though there was upmove in the international futures but the domestic future showed declining trend and restricted any gain in the spot prices.

Spot prices for RSS-4 and RSS-5 remained unchanged at Rs 189/kg and Rs 184/kg respectively.

In futures market, the contract of RSS-4 for February delivery closed at Rs 189.71 compared to its previous closing of Rs 192.60,while the contract for March delivery closed at Rs 193.75 compared to its  previous closing of Rs 196.44, on the National Multi Commodity Exchange.

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