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Physical rubber prices ruled steady on Wednesday

28 Mar 2019 Evaluate

Physical Rubber prices ruled steady on Wednesday, followed by lack of buyers in the domestic market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 128/ kg and Rs 125/ kg respectively.

In the futures market, April delivery fell to Rs 129.50 compared to its previous closing of Rs 130.49, while May delivery was at Rs 131.48 compared to its previous close of Rs 132.42 on the Indian Commodity Exchange Limited (ICEX).