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Physical rubber prices improved on Tuesday

03 Jul 2013 Evaluate

Physical rubber prices improved on Tuesday on supply concerns following another firm closing on the National Multi Commodity Exchange with sharp gains also influencing the rubber prices.

Spot prices for RSS-4 variety improved to Rs 184.50/ kg compared to its previous closing of Rs 181.50/ kg, while RSS-5 variety closed at Rs 176/ kg compared to its previous closing of Rs 175/kg.

In the futures market, contract of July delivery improved to Rs 192.50 compared to its previous close of Rs 187.61, while August delivery closed at Rs 187.20 compared to its previous closing of Rs 183.25 on the National Multi Commodity Exchange (NMCE).

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