Physical Rubber prices extended weakness on Wednesday on buyers’ resistance in the market. Spot prices for RSS-4 variety decreased to 134/ kg compared to its previous closing of Rs 135/ kg; while the RSS-5 variety dropped to 126/ kg compared to its previous closing of Rs 128/ kg.
In the futures market, contract of September delivery fell to Rs 123.46 compared to its previous closing of Rs 125.71, while October delivery closed at Rs 118.15 compared to its previous close of Rs 120.26 on the National Multi Commodity Exchange (NMCE).
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