Monday, 4 April 2011
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Natural Rubber price surges on strong fundamentals
AHMEDABAD (Commodity Online): Rubber prices are in uptrend and rising from last several weeks. Last week rubber opened at 22900 and made high of 23975 this week it crossed last week's high and currently trading near 24520 and looks strong for coming days. Increase in oil prices has lead to rise in the cost of synthetic rubber, substitute of natural rubber. Even fall in the yen against the
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