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Physical Rubber prices declined on Wednesday

26 Sep 2013 Evaluate

Physical Rubber prices declined on Wednesday on the absence of genuine buyers from major consuming sectors, dampening local sentiments to a great extent.

Spot prices for RSS-4 variety declined to Rs 175 compared to its previous closing of Rs 179; while the RSS-5 variety closed at Rs 172 compared to its previous closing of Rs 174.

In the futures market, contract of October delivery declined to Rs 172.50 compared to its previous close of Rs 177.30, while November delivery closed at Rs 171.85 compared to its previous closing of Rs 176.43 on the National Multi Commodity Exchange (NMCE).

 

 

 

 

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