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Physical rubber prices improve further on Saturday

26 Nov 2012 Evaluate

Physical rubber prices improved further on Saturday. Though the sustained gains in futures kept selected counters firm, the remaining grades ended flat amidst scattered transactions.

Spot prices for RSS-4 variety improved to Rs 175/ kg compared to its previous closing of Rs 173/ kg, while RSS-5 variety closed at Rs 170/ kg compared to its previous closing of Rs 169/ kg.

In the futures market, contract of December delivery increased to Rs 178.40 compared to its previous closing of Rs 176.95, while January delivery closed at Rs 180.72 compared to its previous close of Rs 179.21 on the National Multi Commodity Exchange (NMCE).

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