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Physical rubber prices rule firm on Wednesday

18 Oct 2012 Evaluate

Physical rubber prices ruled firm on Wednesday on partial recovery in the domestic futures.

Spot prices for RSS-4 variety improved to Rs 184/ kg compared to its previous closing of Rs 183/ kg, while RSS-5 variety closed at Rs 176/ kg compared to its previous closing of Rs 175/ kg.

In the futures market, contract of November delivery increased to Rs 184.79 compared to its previous closing of Rs 182.38, while December delivery closed at Rs 185.60 compared to its previous closing of Rs 183.58 on the National Multi Commodity Exchange (NMCE).

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