Physical Rubber prices showed weakness on Thursday on account of sluggish demand from tyre makers against higher imports in the market. Spot prices for RSS-4 variety declined to 119/ kg compared to its previous closing of Rs 120/ kg; while the RSS-5 variety fell to 117/ kg compared to its previous closing of Rs 118/ kg.
In the futures market, November delivery fell to Rs 118.05 compared to its previous closing of Rs 118.70 on the Indian Commodity Exchange Limited (ICEX).
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