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Physical Rubber prices remain unchanged on Monday

12 Oct 2021 Evaluate

Physical Rubber prices remained unchanged on Monday after natural rubber imports stayed relatively high in the domestic market, with ANRPC data showed that India imported 41,000 tonnes of natural rubber in September as against the import of 35,100 tonnes in July and 40,500 tonnes in August. Meanwhile, the commodity managed to sustain at the prevailing levels on supply concerns following untimely rains in major producing belts during the last couple of weeks. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 170/ kg and Rs 168/ kg respectively.

In the futures market, November delivery fell to Rs 174 compared to its previous closing of Rs 174.55 on the Indian Commodity Exchange Limited (ICEX).


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