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Physical rubber prices ruled flat on Wednesday

20 Mar 2014 Evaluate

Physical rubber prices ruled flat on Wednesday due to lack of fresh triggers that could give any direction to the market.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 149.50/ kg and Rs146/ kg respectively.

In the futures market, contract of April delivery declined to Rs 150.05 compared to its previous closing of Rs 150.76, while May delivery closed at Rs 153.05 compared to its previous close of Rs 153.59 on the National Multi Commodity Exchange (NMCE).

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