Physical Rubber prices witnessed weakness on Monday on account of subdued demand in line with declines in domestic futures and overseas trendsetters. Spot prices for RSS-4 variety declined to Rs 169/ kg compared to its previous closing of Rs 169.50/ kg; while the RSS-5 variety fell to Rs 167/ kg compared to its previous closing of Rs 167.50/ kg.
In the futures market, July delivery gained Rs 173.50 compared to its previous closing of Rs 173.41 on the Indian Commodity Exchange Limited (ICEX).
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