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Physical rubber prices show mixed trend on Monday

09 Apr 2013 Evaluate

Physical rubber prices showed a mixed trend on Monday as the market seemed to react to the recovery in the domestic and international futures.

Spot prices for RSS-4 variety improved to Rs 164/ kg compared to its previous closing of Rs 163/ kg, while RSS-5 variety remained unchanged at Rs 161/ kg.

In the futures market, contract of April delivery increased to Rs 161.10 compared to its previous close of Rs 159.15, while May delivery closed at Rs 163.15 compared to its previous closing of Rs 160.81 on the National Multi Commodity Exchange (NMCE).

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