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Physical Rubber prices remain unchanged on Saturday

16 Dec 2019 Evaluate

Physical Rubber prices remain unchanged on Saturday due to lack of fresh enquiries from the non-tyre sector. 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 132.50/ kg and Rs 128.50/ kg respectively.

In the futures market, January delivery declined to Rs 135.86 compared to its previous closing of Rs 136.62, while February delivery was at Rs 137.75 compared to its previous close of Rs 138.63 on the Indian Commodity Exchange Limited (ICEX).

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