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Physical rubber prices rule steady on Monday

26 Dec 2012 Evaluate

Physical rubber prices remain unchanged on Monday in a holiday mood prior to Christmas. The volumes were extremely thin and practically there were no buyers or sellers in the local market to set a definite trend in the commodity.

Spot prices for RSS-4 and RSS-5 variety remain unchanged at Rs 159/ kg and Rs 153/ kg respectively.

In the futures market, contract of January delivery improved to Rs 160.50 compared to its previous closing of Rs 158.85, while February delivery closed at Rs 162.75 compared to its previous closing of Rs 161.13 on the National Multi Commodity Exchange (NMCE).

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