Physical rubber prices declined on Monday. Spot prices for RSS-4 variety declined to Rs 122/ kg compared to its previous closing of Rs 122.50/ kg, while RSS-5 variety closed at Rs 116/ kg compared to its previous close of Rs 117/ kg.
In the futures market, contract of November delivery dropped to Rs 121.35 compared to its previous close of Rs 122.38, while December delivery closed at Rs 119.40 compared to its previous closing of Rs 120.45 on the National Multi Commodity Exchange (NMCE).
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