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Physical rubber prices remain unchanged on Tuesday

19 Sep 2012 Evaluate
Physical rubber prices remained unchanged on Tuesday. The market opened better and improved further on fresh buying and short covering, but the loss of initial gains in the selected counters took away the gains of the market. 

Spot prices for RSS- 4 and RSS- 5 variety remained unchanged at Rs. 195/ kg and Rs. 186/ kg respectively.

In the futures market, contract of October delivery weakened to Rs. 190.69 compared to its previous closing of Rs. 193.82, while November delivery closed at Rs. 190 compared to its previous closing of Rs. 192.91 on the National Multi Commodity Exchange (NMCE).

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