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Physical Rubber prices witness some weakness on Wednesday

08 Jun 2017 Evaluate

Physical Rubber prices showed some weakness on Wednesday. Spot prices for RSS-4 variety remained unchanged at Rs 121/ kg; while the RSS-5 variety declined to Rs 117/ kg compared to its previous closing of Rs 118/kg.

In the futures market, June delivery rose to Rs 118.94 compared to its previous closing of Rs 117.88, while July delivery closed at Rs 122.10 compared to its previous close of Rs 120.08 on the National Multi Commodity Exchange (NMCE).