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Thursday, 17 February 2011
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NMCE Rubber surges on fresh buying
NMCE rubber futures traded higher on active fresh buying on Wednesday. Futures started the day on positive note on active buying spot market activity also supported the upside. TOCOM futures also traded higher on supply concern. Rising crude oil prices on Egyptian issue further added to the upside side. Thus, overall increasing demand amid supply shortage supported the prices and futures ended
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