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15-Jan2019

Physical rubber prices ruled steady on Monday

Physical Rubber prices extended its steady note on Monday due to buyer resistance in the market. Meanwhile, most growers and traders were expecting a firm trend ahead in tandem with global trend-setters. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 125/ kg and Rs 121.50/ kg respectively.

In the futures market, February delivery gained to Rs 127.28 compared to its previous close of Rs 127.07 on the Indian Commodity Exchange Limited (ICEX).


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