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Physical rubber prices ruled flat on Tuesday

26 Feb 2014 Evaluate

Physical rubber prices ruled flat on Tuesday due to slow trading activities in the markets as almost all the dealers and growers are waiting for the procurement operations to commence.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 145/ kg and Rs143/ kg respectively.

In the futures market, contract of March delivery declined to Rs 145.18 compared to its previous closing of Rs 145.57, while April delivery closed at Rs 149.70 compared to its previous closing of Rs 150.22 on the National Multi Commodity Exchange (NMCE).

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