Physical Rubber prices declined on Wednesday following the moderate losses in the domestic and international futures. Further, scattered transactions in the market too influenced rubber prices.
Spot prices for RSS-4 variety declined to Rs 147 compared to its previous closing of Rs 148; while the RSS-5 variety closed at Rs 143 compared to its previous closing of Rs 143.50.
In the futures market, contract of April delivery dropped to Rs 142.70 compared to its previous close of Rs 144.24, while May delivery closed at Rs 146.15 compared to its previous closing of Rs 148.15 on the National Multi Commodity Exchange (NMCE).
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Thursday 10 April 2014
Physical Rubber prices declined on Wednesday
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