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Physical rubber prices show mixed trend on Monday

12 Mar 2013 Evaluate

Physical rubber prices showed a mixed trend on Monday. The trend was partially bullish as certain counters strengthened on comparatively better demand.

Spot prices for RSS-4 variety remained unchanged at Rs 163/ kg, while RSS-5 variety improved to Rs 160/kg compared to its previous closing of Rs 159.50/ kg.

In the futures market, contract of March delivery weakened to Rs 160.70 compared to its previous closing of Rs 162.35, while April delivery closed at Rs 164.60 compared to its previous closing of Rs 165.99 on the National Multi Commodity Exchange (NMCE).

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