Physical Rubber prices declined on Monday due to possible increase in output from the major producing belts.
Spot prices for RSS-4 variety declined to Rs 160 compared to its previous closing of Rs 161; while the RSS-5 variety closed at Rs 151 compared to its previous closing of Rs 152.
In the futures market, contract of November delivery improved to Rs 161.10 compared to its previous close of Rs 160, while December delivery closed at Rs 162.90 compared to its previous closing of Rs 162.20 on the National Multi Commodity Exchange (NMCE).
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