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Physical rubber prices show some weakness on Tuesday

17 Jul 2013 Evaluate

Physical rubber prices showed a mixed trend on Tuesday, while there was some weakness in spot prices the future prices showed sign of recovery.

Spot prices for RSS-4 variety weakened to Rs 191/ kg compared to its previous closing of Rs 192/ kg, while RSS-5 variety remained unchanged at Rs 186/ kg.

In the futures market, contract of August delivery recovered to Rs 186.90 compared to its previous close of Rs 182.34, while September delivery closed at Rs 177.43 compared to its previous closing of Rs 173.03 on the National Multi Commodity Exchange (NMCE).

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