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Physical rubber prices consolidate on Thursday

15 Jun 2012 Evaluate
Physical rubber prices continued to remain steady on Thursday, on the back of feeble underlying influence due to decline on the domestic futures market, which showed a mixed trend at closing.
 
Spot prices for RSS-4 and RSS-5 varieties closed unchanged at Rs. 184.50/kg and 180/kg respectively.

In future markets, the contract of RSS-4 for June delivery closed at Rs.181.75 as compared to its previous closing of Rs. 182.66, while the contract of July delivery closed at Rs.184.25 as compared to its previous close of Rs.184.94 on the National Multi Commodity Exchange.