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Physical Rubber prices display mixed trend on Monday

14 Apr 2015 Evaluate

Physical Rubber prices showed a mixed trend on Monday on back of extremely low activities in the market and lack of genuine buyer in the local trading houses.

Spot prices for RSS-4 variety weakened to Rs 118/ kg compared to its previous closing of Rs 118.50/ kg; while the RSS-5 variety remained unchanged at Rs 112/ kg.

In the futures market, contract of April delivery weakened to Rs 113.29 compared to its previous closing of Rs 116.52, while May delivery closed at Rs 120.60 compared to its previous close of Rs 119.84 on the National Multi Commodity Exchange (NMCE).

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