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Physical rubber prices remain unchanged on Monday

27 Nov 2012 Evaluate

Physical rubber prices continue to remain unchanged on Monday. However, ISNR 20 improved on fresh demand and latex supplied on buyer resistance, following a weak trend in domestic futures.

Spot prices for RSS-4 and RSS-5 variety remain unchanged at Rs 175/ kg and Rs 170/ kg respectively.

In the futures market, contract of December delivery weakened to Rs 176.50 compared to its previous closing of Rs 178.28, while January delivery closed at Rs 178.75 compared to its previous close of Rs 180.55 on the National Multi Commodity Exchange (NMCE).

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