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Domestic rubber futures improve on Thursday

15 Mar 2013 Evaluate

The domestic rubber futures improved marginally on Thursday, though the spot prices were not available owing to demise of N. Baby, one of the Directors of Indian Rubber Dealers Federation and the dealers shop remained closed following hartal announced by federation.

In the futures market, contract of March delivery improved to Rs. 161 compared to its previous closing of Rs. 160.13, while April delivery closed at Rs. 164.04 compared to its previous closing of Rs. 163.56 on the National Multi Commodity Exchange (NMCE).