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Physical rubber prices showed some weakness on Thursday

25 Oct 2013 Evaluate

Physical rubber prices showed some weakness on Thursday due to lack of genuine buyers in the markets.

Spot prices for RSS-4 variety weakened to Rs 159.50/ kg compared to its previous closing of Rs 160/ kg, while RSS-5 variety remained unchanged at Rs 151/ kg.

In the futures market, contract of November delivery declined to Rs 159.79 compared to its previous close of Rs 160.71, while December delivery closed at Rs 161.90 compared to its previous closing of Rs 162.68 on the National Multi Commodity Exchange (NMCE).

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