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Physical Rubber prices showed some uptrend on Monday

08 Oct 2013 Evaluate

Physical rubber showed some recovery on Monday on comparatively better demand. However, lack of genuine buyers in the markets limited further gains in rubber prices.

Spot prices for RSS-4 variety improved to 167/kg compared to its previous closing of Rs 166/ kg, while RSS-5 variety remained unchanged at Rs 161/kg.

In the futures market, contract of October delivery slipped to Rs 169 compared to its previous close of Rs 169.37, while November delivery closed at Rs 169.35 compared to its previous closing of Rs 168.97 on the National Multi Commodity Exchange (NMCE).

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