Physical rubber prices declined on Monday. Spot prices for RSS-4 variety declined to Rs 117/ kg compared to its previous closing of Rs 118/ kg, while RSS-5 variety closed at Rs 111/ kg compared to its previous close of Rs 111.50/ kg.
In the futures market, contract of December delivery slid to Rs 115.50 compared to its previous close of Rs 116.53, while January delivery closed at Rs 115.78 compared to its previous closing of Rs 116.57 on the National Multi Commodity Exchange (NMCE).
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