Physical Rubber prices declined on Wednesday due to lack of buyers in the market. Further, declines in domestic futures too influenced rubber prices.
Spot prices for RSS-4 variety declined to Rs 156 compared to its previous closing of Rs 157; while the RSS-5 variety closed at Rs 147 compared to its previous closing of Rs 148.
In the futures market, contract of December delivery dropped to Rs 156.80 compared to its previous close of Rs 157.91, while January delivery closed at Rs 158.61 compared to its previous closing of Rs 159.99 on the National Multi Commodity Exchange (NMCE).
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