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Physical rubber prices ruled flat on Monday

01 Apr 2014 Evaluate

Physical rubber prices ruled flat on Monday as the market remained under pressure following weak closing in domestic futures.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 149.50/ kg and Rs 145.50/ kg respectively.

In the futures market, contract of April delivery weakened to Rs 146.50 compared to its previous closing of Rs 147.83, while May delivery closed at Rs 150.75 compared to its previous close of Rs 151.82 on the National Multi Commodity Exchange (NMCE).

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