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Physical Rubber prices display weakness on Monday

08 Dec 2015 Evaluate

Physical rubber prices showed some weakness on Monday. Lack of genuine buyers in the market kept the sentiments under pressure. Spot prices for RSS-4 variety remained unchanged at Rs 105/ kg; while the RSS-5 variety declined to Rs 102.50/ kg compared to its previous closing of Rs 103/ kg.

In the futures market, contract of December delivery dropped marginally at Rs 105.32 compared to its previous closing of Rs 105.38, while January delivery closed at Rs 105.82 compared to its previous close of Rs 105.49 on the National Multi Commodity Exchange (NMCE).

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