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Physical Rubber prices remain unchanged on Saturday

09 Dec 2019 Evaluate

Physical Rubber prices remain unchanged on Saturday amidst scattered transactions in the market. Meanwhile, likely reduction in rubber plantations in Thailand -- the world's largest producer and exporter of natural rubber, supported rubber prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 130.50/ kg and Rs 127/ kg respectively.

In the futures market, December delivery gained to Rs 134 compared to its previous closing of Rs 133.74, while January delivery was at Rs 135.95 compared to its previous close of Rs 135.29 on the Indian Commodity Exchange Limited (ICEX).

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