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Physical rubber prices ruled flat on Wednesday

18 Jul 2019 Evaluate

Physical rubber prices ruled steady on Wednesday following tepid demand from stockist. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 148/ kg and Rs 146/ kg respectively.

In the futures market, August delivery gained to Rs 145.25 compared to its previous closing of Rs 144.86, while September delivery was at Rs 140.50 compared to its previous close of Rs 139.28 on the Indian Commodity Exchange Limited (ICEX).