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16-Jan2019

Physical Rubber prices witness some weakness on Tuesday

Physical Rubber prices showed some weakness on Tuesday on account of buyer resistance in the market. Spot prices for RSS-4 variety remained unchanged at Rs 125/kg; while the RSS-5 variety declined to Rs 121/kg compared to its previous closing of Rs 121.50/kg.

In the futures market, February delivery gained to Rs 127.23 compared to its previous closing of Rs 126.65 on the Indian Commodity Exchange Limited (ICEX).


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