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Physical rubber prices ruled flat on Thursday

29 Sep 2017 Evaluate

Physical rubber prices ruled steady on Thursday. The market managed to sustain at the prevailing levels on acute short supplies despite a weak closing in the domestic and global trendsetters. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 135/ kg and Rs 132/ kg respectively.

In the futures market, October delivery weakened to Rs 134.13 compared to its previous closing of Rs 136.94, while November delivery closed at Rs 133.26 compared to its previous close of Rs 136.43 on the National Multi Commodity Exchange (NMCE).

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