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Physical rubber prices display mixed trend on Thursday

11 Jan 2013 Evaluate

Physical rubber prices continued to show a mixed trend on Thursday on covering purchases following the early gains in the domestic and international futures.

Spot prices for RSS-4 variety improved to Rs 163.50/ kg compared to its previous closing of Rs 163/ kg, while RSS-5 variety remained unchanged at Rs 158/ kg.

In the futures market, contract of January delivery inched up to Rs 164.80 compared to its previous closing of Rs 164.47, while February delivery closed at Rs 167.30 compared to its previous closing of Rs 167.05 on the National Multi Commodity Exchange (NMCE).

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