Physical rubber prices made a mixed closing on Wednesday. The market continued to post moderate gains on fresh buying and short covering reacting favorably to the news and expectations specific to the commodity.
Spot prices for RSS-4 variety remained unchanged at Rs 159/ kg, while RSS-5 variety improved to Rs 155/ kg compared to its previous closing of Rs 154/ kg.
In the futures market, contract of March delivery closed steady at Rs 158.40, while April delivery weakened to Rs 162.07 compared to its previous closing of Rs 162.94 on the National Multi Commodity Exchange.
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