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29-Aug2018

Physical Rubber prices witness some improvement on Tuesday

Physical Rubber prices showed some improvement on Tuesday. The market regained strength on supply concerns in the market. Spot prices for RSS-4 variety jumped to 134.50/ kg compared to its previous closing of Rs 134/ kg; while the RSS-5 variety remained unchanged at Rs 132.50/ kg.

In the futures market, September delivery fell marginally to Rs 134.13 compared to its previous close of Rs 134.38 on the National Multi Commodity Exchange (NMCE).


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