Physical rubber prices witnessed some profit booking on Saturday and ended lower, though natural rubber continued its rally in the international markets on Thailand's move to prop up prices. However, declines in domestic futures kept spot prices under pressure during late trading hours.
Spot prices for RSS-4 variety closed at Rs 192/kg compared to its previous closing of Rs 192.50/kg; while RSS-5 variety closed at Rs 187/kg compared to its previous closing of Rs 188/kg.
In the futures market, the contract for RSS-4 for February delivery closed at Rs 195 compared to its previous closing of Rs 195.22, while the contract for March delivery closed at Rs 199 compared to its previous closing of Rs 198.97 on the National Multi Commodity Exchange.
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