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Physical rubber prices show mixed trend on Thursday

14 Sep 2012 Evaluate

Physical rubber prices showed a mixed closing on Thursday as traders stayed back expecting further gains in the commodity. However, the declines in trend setting futures market, kept RSS-4 under pressure during the day.

Spot prices for RSS-4 variety remain unchanged at Rs 183/ kg, while RSS-5 variety closed at Rs 176/ kg compared to its previous closing of Rs 174/ kg.

In the futures market, contract of September delivery dropped to Rs 185.50 compared to its previous closing of Rs 186.88, while October delivery closed at Rs 183.15 compared to its previous closing of Rs 183.47 on the National Multi Commodity Exchange.

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