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Physical rubber prices close unchanged on Monday

29 Jan 2013 Evaluate

Physical rubber prices closed unchanged on Monday. Another weak closing in the domestic futures and the absence of genuine buyers kept the commodity under pressure during the day.

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

In the futures market, contract of February delivery weakened to Rs 156.93 compared to its previous closing of Rs 158.96, while March delivery closed at Rs 159 compared to its previous closing of Rs 161.21 on the National Multi Commodity Exchange (NMCE).

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