Physical Rubber prices declined on Monday

Physical rubber prices declined on Monday there were no genuine buyers even at lower levels as major consuming industries stayed away as they had ample imported stocks Spot prices for RSS-4 variety declined to Rs 140 compared to its previous closing of Rs 144; while the RSS-5 variety closed at Rs 136 compared to its previous closing of Rs 140. In the futures market, contract of May delivery dropped to Rs 138.09 compared to its previous close of Rs 143.84, while June delivery closed at Rs 140.51 compared to its previous closing of Rs 146.36 on the National Multi Commodity Exchange (NMCE)