Physical Rubber prices declined on Monday 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 153 compared to its previous closing of Rs 153.50; while the RSS-5 variety closed at Rs 143.50 compared to its previous closing of Rs 144.
In the futures market, contract of December delivery dropped to Rs 152.50 compared to its previous close of Rs 153.83, while January delivery closed at Rs 154.30 compared to its previous closing of Rs 155.70 on the National Multi Commodity Exchange (NMCE).
