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Physical rubber prices remained unchanged on Wednesday

20 Jun 2013 Evaluate

Physical rubber prices finished unchanged after showing some upmove in early trade due to buyer resistance and the domestic futures too failed to recover.

Spot prices for RSS- 4 and RSS- 5 variety closed unchanged at Rs. 175.50/ kg and Rs. 170.50/ kg respectively.

In the futures market, contract of July delivery dropped to Rs 172.97 compared to its previous closing of Rs 173.00, while August delivery closed at Rs 169.50 compared to its previous closing of Rs 169.87 on the National Multi Commodity Exchange (NMCE).

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