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Rubber futures decline further on Thursday

22 Feb 2013 Evaluate

Domestic rubber futures declined further on Thursday. While, spot rubber prices were not available owing to the forty-eight hour all India general strike declared by the trade unions.

In the futures market, contract of March delivery weakened to Rs 153.25 compared to its previous closing of Rs 156.43, while April delivery closed at Rs 156.73 compared to its previous closing of Rs 159.94 on the National Multi Commodity Exchange (NMCE). 

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