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Physical rubber prices remain unchanged on Wednesday

22 Nov 2012 Evaluate

Physical rubber prices finished unchanged on Wednesday, lacking fresh enquiries from major consuming sector. However, the market managed to sustain at the prevailing levels probably on higher closing of commodity futures.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 171/ kg and Rs 167/ kg respectively.

In the futures market, contract of December delivery increased to Rs 175.30 compared to its previous closing of Rs 173.50, while January delivery closed at Rs 177.49 compared to its previous closing of Rs 175.58 o the National Multi Commodity Exchange (NMCE).

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