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Physical Rubber prices witness weakness on Tuesday

29 Mar 2017 Evaluate

Physical Rubber prices showed weakness on Tuesday. Spot prices for RSS-4 variety declined to 147/ kg compared to its previous closing of Rs 148/ kg; while the RSS-5 variety closed unchanged at Rs 140/ kg.

In the futures market, April delivery declined to Rs 142.87 compared to its previous closing of Rs 144.49, while May delivery closed at Rs 146.77 compared to its previous close of Rs 148.53 on the National Multi Commodity Exchange (NMCE).