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Physical rubber prices made a mixed closing on Tuesday

28 Mar 2012 Evaluate

Physical rubber prices made a mixed closing on Tuesday, the slight weakness in domestic futures weighed on the sentiments. Due to ongoing dry weather the supply remained low.

Spot prices for RSS-4 variety closed unchanged at Rs 199.50/kg; while RSS-5 variety closed at Rs 197.50/kg compared to its previous closing of Rs 197/kg.

In the futures market, the contract of RSS-4 for April delivery closed at Rs 199.90 compared to its previous closing of Rs 200.10, while the contract for May delivery closed at Rs 205.22 compared to its previous closing of Rs 205.38on the National Multi Commodity Exchange.

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