MoneyWorks4Me

Physical Rubber prices extend some weakness on Tuesday

26 Jun 2019 Evaluate

Physical Rubber prices extended its weakness on Tuesday following tepid demand from stockist. Spot prices for RSS-4 variety remained unchanged at Rs 151/ kg; while the RSS-5 variety fell to 147.50/ kg compared to its previous closing of Rs 148/ kg.

In the futures market, July delivery fell to Rs 148.98 compared to its previous closing of Rs 149.33 on the National Multi Commodity Exchange (NMCE).

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