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Physical Rubber prices witness some weakness on Monday

24 Sep 2019 Evaluate

Physical Rubber prices showed some weakness on Monday on account of sluggish demand from tyre markers and domestic stockists. Spot prices for RSS-4 variety remained unchanged at Rs 126/ kg; while the RSS-5 variety declined to 122/ kg compared to its previous closing of Rs 123/kg.

In the futures market, October delivery rose to Rs 126.70 compared to its previous closing of Rs 125.81 on the Indian Commodity Exchange Limited (ICEX).