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Physical Rubber prices witness weakness on Monday

08 Jan 2019 Evaluate

Physical Rubber prices showed weakness on Monday on account of buyer resistance in the market. Spot prices for RSS-4 variety fell to Rs 124.50/kg compared to its previous closing of Rs 125/kg and RSS-5 variety closed unchanged at Rs 121/ kg respectively.

In the futures market, January delivery added to Rs 126.25 compared to its previous closing of Rs 125.97, while February delivery was at Rs 128.25 compared to its previous close of Rs 127.96 on the Indian Commodity Exchange Limited (ICEX).

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