Physical Rubber prices extended weakness on Thursday due to subdued demand in the market against ample stocks position, while expectations of improvement in domestic production also dampened rubber sentiments. Spot prices for RSS-4 variety fell to 170/ kg compared to its previous closing of Rs 171/ kg; while the RSS-5 variety declined to 167/ kg compared to its previous closing of Rs 168/ kg.
In the futures market, October delivery fell to Rs 173.90 compared to its previous closing of Rs 175.12 on the Indian Commodity Exchange Limited (ICEX).
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