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Physical Rubber prices showed some uptrend on Wednesday

12 Sep 2013 Evaluate

Physical rubber showed some recovery on Wednesday as certain counters made marginal gains due to scattered transactions.

Spot prices for RSS-4 variety improved to 187.50/kg compared to its previous closing of Rs 187/ kg, while RSS-5 variety remained unchanged at Rs 183/kg.

In the futures market, contract of September delivery firmed up to Rs 188.35 compared to its previous close of Rs 187.80, while October delivery closed at Rs 185.39 compared to its previous closing of Rs 186.40 on the National Multi Commodity Exchange (NMCE).

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