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Physical rubber prices show mixed trend on Monday

02 Oct 2012 Evaluate

Physical rubber prices showed a mixed trend on Monday, as the commodity lost the initial strength in certain counters following another weak closing on the commodity futures, however managed to sustain at the prevailing levels on supply concerns.

Spot prices for RSS-4 variety remain unchanged at Rs 195/ kg, while RSS-5 variety closed at Rs 189.50/ kg compared to its previous closing of Rs 190/ kg.

In the futures market, contract of October delivery dropped to Rs 194.11 compared to its previous closing of Rs 195.77, while November delivery closed at Rs 189.63 compared to its previous closing of Rs 192.22 on the National Multi Commodity Exchange (NMCE).

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