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Physical Rubber prices witness weakness on Tuesday

05 Sep 2018 Evaluate

Physical Rubber prices showed weakness on Tuesday on account of buyer resistance in the market. Spot prices for RSS-4 variety fell to Rs 133/ kg compared to its previous closing of Rs 134/ kg; while the RSS-5 variety declined to Rs 131/ kg compared to its previous closing of Rs 132/kg.

In the futures market, September delivery declined to Rs 131.70 compared to its previous closing of Rs 132.60 on the National Multi Commodity Exchange (NMCE).