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Physical Rubber prices remain unchanged on Wednesday

23 Jul 2020 Evaluate

Physical Rubber prices remained unchanged on Wednesday due to lack of fresh enquires from major consuming industries with concerns of surging corona virus pandemic cases globally. While, ongoing supply crunch and firm closing in global trendsetters have supported the commodity prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 132/ kg and Rs 128/ kg respectively.

In the futures market, August delivery lost to Rs 132 compared to its previous closing of Rs 132.72 on the Indian Commodity Exchange Limited (ICEX).

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