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Physical rubber prices ruled flat on Tuesday

18 Mar 2015 Evaluate

Physical rubber prices ruled flat on Tuesday due to lack of enquiries from major consuming industries. Besides, extremely low volumes in the market too weighed on rubber prices.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 128/ kg and Rs 111/ kg respectively.

In the futures market, contract of April delivery declined to Rs 124.40 compared to its previous close of Rs 126.56, while May delivery closed at Rs 126.40 compared to its previous closing of Rs 127.95 on the National Multi Commodity Exchange (NMCE).

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