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Physical rubber prices closed mixed on Thursday

19 Aug 2011 Evaluate

Physical rubber prices made a mixed closing on Thursday. The decline in domestic future prices weighed on the sentiments, the international futures too remained soft and almost ended on a flat note with mixed US economic data and worries over the yen's strength.

Spot prices for RSS-4 variety closed at Rs 200/kg compared to its previous closing of Rs 198/kg, while the RSS-5 variety closed at Rs 194.50/kg compared to its previous closing of Rs 195/kg.

In futures market, the contract of RSS-4 for September delivery closed at Rs 199.11 compared to its previous closing of Rs 199.95, while the contract for October delivery closed at Rs 197.09 compared to its previous closing of Rs 198.40 on the National Multi Commodity Exchange.

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