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Physical rubber prices rule unchanged for fourth day on Wednesday

27 Sep 2012 Evaluate

Physical rubber prices continued to rule unchanged consecutively for the fourth day on Wednesday. The market activities were in a slow pace lacking active participants on either side following an almost similar trend on the commodity futures.  

Spot prices for RSS-4 and RSS-5 variety continued to remain unchanged at Rs 191.50/ kg and Rs 186/ kg respectively.

In the futures market, contract of October delivery closed at Rs 191.85 compared to its previous close of Rs 191.04, while November delivery closed at Rs 188.64 compared to its previous closing of Rs 189.16 on the National Multi Commodity Exchange (NMCE).

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