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Physical rubber prices display mixed trend on Friday

18 May 2013 Evaluate

Physical rubber prices displayed a mixed trend on Friday. The market opened steady but a partial recovery in the domestic futures kept the commodity marginally firm on late trades.

Spot prices for RSS-4 variety improved to Rs 170.50/ kg compared to its previous close of Rs 170/ kg, while RSS-5 variety lowered to Rs 166.50/ kg compared to its previous closing of Rs 167/ kg.

In the futures market, contract of June delivery increased to Rs 169.59 compared to its previous closing of Rs 167.64, while July delivery closed at Rs 169.11 compared to its previous close of Rs 166.69 on the National Multi Commodity Exchange (NMCE).

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