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Rubber dealers shut operations on Monday in protest against price fall

01 Oct 2013 Evaluate

Physical Rubber prices were not available on Monday due to ‘rubber hartal’ in Kerala. Rubber dealers of Kerala downed the shutters for a day on Monday in protest against the major manufacturers who abstain from the market as the recent price fall has incurred heavy loss to the trading community.

In the futures market, contract of October delivery weakened to Rs 171 compared to its previous close of Rs 172.05, while November delivery closed at Rs 170.85 compared to its previous closing of Rs 171.65 on the National Multi Commodity Exchange (NMCE).

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