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Physical rubber prices ruled steady on Saturday

21 Jan 2019 Evaluate

Physical Rubber prices ruled steady on Saturday due to buyer resistance in the market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 125/ kg and Rs 120.50/ kg respectively.

In the futures market, February delivery improved to Rs 127.40 compared to its previous close of Rs 126.24, while March delivery was at Rs 128.90 compared to its previous close of Rs 128.03 on the Indian Commodity Exchange Limited (ICEX).