Physical rubber prices declined on Thursday due to buyer resistance in the market. Spot prices for RSS-4 variety declined to Rs 117.50/ kg compared to its previous closing of Rs 118/ kg; while the RSS-5 variety reduced to 112/ kg compared to its previous closing of Rs 113/kg.
In the futures market, contract of August delivery improved to Rs 114.15 compared to its previous closing of Rs 113.11, while September delivery closed at Rs 116.36 compared to its previous close of Rs 115.22 on the National Multi Commodity Exchange (NMCE).
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