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Physical Rubber prices display mixed trend on Wednesday

06 Aug 2015 Evaluate

Physical rubber prices showed a mixed trend on Wednesday due to lack of quantity buyers in the market. Spot prices for RSS-4 variety remained unchanged at Rs 119/ kg; while the RSS-5 variety weakened to Rs 116.50/ kg compared to its previous closing of Rs 117/ kg.

In the futures market, contract of August delivery dropped marginally to Rs 118.46 compared to its previous closing of Rs 118.79, while September delivery closed at Rs 118.46 compared to its previous close of Rs 118.88 on the National Multi Commodity Exchange (NMCE).

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