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Physical rubber prices remain unchanged on Monday

31 Jul 2012 Evaluate
Physical rubber prices continued to remain steady on Monday, as the commodity got pressurized by the decline of domestic and international futures. However, the commodity is maintaining its prevailing levels in the absence of genuine sellers.

Spot prices for RSS- 4 and RSS- 5 variety remained unchanged at Rs. 181/ kg and Rs. 174.50/ kg respectively.

In the futures market, contract of RSS- 4 August delivery slipped to Rs. 179.15 compared to its previous closing of Rs. 180.79, while September delivery closed at Rs. 176.50 compared to its previous close of Rs. 178.30 on the National Multi Commodity Exchange. 

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