Physical rubber prices suffered some profit booking on Saturday and lost ground after moving higher throughout the week, the weakness in the domestic futures weighed on the prices.
Spot rates of RSS-4 variety closed at Rs 215/kg compared to its previous closing of Rs 215.50/kg, while the RSS-5 variety closed unchanged at Rs 213/kg.
In the futures market, the contract of RSS-4 for July delivery closed at Rs 213.50 compared to its previous closing of Rs 215.53, while the contract for August delivery closed at Rs 215.99 compared to its previous closing of Rs 217.71 on the National Multi Commodity Exchange.
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