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Physical rubber prices show mixed trend on Thursday

07 Sep 2012 Evaluate

Physical rubber prices showed a mixed closing on Thursday, as buyers stayed back possibly expecting a correction during the weakened sessions.

Spot prices for RSS-4 variety lowered to Rs 172.50/ kg compared to its previous closing of Rs 173/ kg, while RSS-5 variety remained unchanged at Rs 165/ kg respectively.

In the futures market, contract of September delivery closed at Rs 173.54 compared to its previous close of Rs 172.01, while October delivery closed at Rs 169.70 compared to its previous closing of Rs 168.76 on the National Multi Commodity Exchange.

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