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Physical rubber prices display mixed trend on Wednesday

24 Jan 2013 Evaluate

Physical rubber prices showed a mixed mood on Wednesday. The sentiments were partially bearish but major counters managed to sustain at the prevailing levels following a better closing on the commodity futures market.

Spot prices for RSS-4 variety remained unchanged at Rs 159/ kg, while RSS-5 variety lowered to Rs 153/ kg compared to its previous closing of Rs 154/ kg.

In the futures market, contract of February delivery increased to Rs 159.40 compared to its previous closing of Rs 157.75, while March delivery closed at Rs 161.87 compared to its previous closing of Rs 160.03 on the National Multi Commodity Exchange (NMCE).

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