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Physical rubber prices remained unchanged on Thursday

27 Apr 2012 Evaluate

Physical rubber prices steadied on Thursday after rising in last couple of days. The market activities remained slow and there were no fresh factors to set a definite trend as domestic futures too remained steady.

Spot prices for RSS-4 and RSS-5 variety remained unchanged at Rs 193.50/kg and Rs 192/kg respectively.

In the futures market the contract of RSS-4 for May delivery closed at Rs 190.20 compared to its previous closing of Rs 190.40, while the contract for June delivery closed at Rs 196.90 compared to its previous closing of Rs 197.07 on the National Multi Commodity Exchange.

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