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Physical rubber prices remain unchanged on Tuesday

07 Dec 2011 Evaluate

Physical rubber prices remained unchanged on Tuesday, the trading activities were low and the traders on either side avoided taking serious bet, hence the trade remained directionless throughout the session.

Spot prices for RSS-4 and RSS-5 variety remained unchanged at Rs 202/kg and Rs 198/kg respectively.

In the futures market, the contract for RSS 4 for December delivery improved to Rs 204.07 compared to its previous closing of Rs 203.35, while the contract for January delivery closed at Rs 204.67 compared to its previous closing of Rs 203.39 on the National Multi Commodity Exchange.

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