Physical rubber prices ruled flat on Wednesday following an almost similar trend in domestic futures. Further, disappointing reports from the global trendsetters too influenced the rubber prices.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 145/ kg and Rs 142/ kg respectively.
In the futures market, contract of June delivery improved marginally to Rs 148.89 compared to its previous close of Rs 148.70, while July delivery closed at Rs 149.90 compared to its previous closing of Rs 150.22 on the National Multi Commodity Exchange (NMCE).
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Thursday, 22 May 2014
Physical rubber prices ruled flat on Wednesday
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