Monday, 28 February 2011
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NMCE Rubber recovers on short covering
NMCE rubber futures recovered from previous losses on active short covering on Saturday. Futures started the day on lower note on extended selling pressure. However, prices reversed the trend on short covering at lower levels and traded on positive note. Moreover, gains were limited taking cue from negative closing on TOCOM rubber futures. TOCOM settled at � 457.60 per Kg. on Friday on strong
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