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Physical rubber prices stay almost steady on Friday

03 Nov 2012 Evaluate

Physical rubber prices closed almost steady on Friday. However, the market activities were at a low key following another weak closing of commodity futures.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 176/ kg and Rs 172/ kg respectively.

In the futures market, contract of November delivery weakened to Rs 176.95 compared to its previous closing of Rs 177.69, while December delivery closed at Rs 178.45 compared to its previous closing of Rs 178.86 on the National Multi Commodity Exchange (NMCE).

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