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Physical rubber prices remain unchanged on Wednesday

08 Aug 2013 Evaluate

Physical rubber prices remained unchanged on Wednesday due to lack of fundamental or technical changes in the market to trigger a definite trend.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs.195.50/ kg and Rs.191.50/ kg respectively.

In the futures market, contract of August delivery improved to Rs 196.00 compared to its previous closing of Rs 194.82, while September delivery closed at Rs 185.39 compared to its previous closing of Rs 183.86 on the National Multi Commodity Exchange (NMCE).

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