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Physical rubber prices ruled steady on Tuesday

09 Jan 2019 Evaluate

Physical Rubber prices ruled steady on Tuesday on account of buyer resistance in the market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 124.50/ kg and Rs 121/ kg respectively.

In the futures market, January delivery gained to Rs 126.67 compared to its previous closing of Rs 126.08, while February delivery was at Rs 128.75 compared to its previous close of Rs 128.05 on the Indian Commodity Exchange Limited (ICEX).