Physical Rubber prices witnessed some weakness on Wednesday on buyer resistance in the market following the ongoing lockdown restrictions in the Kerala state. Spot prices for RSS-4 variety declined to Rs 169.50/ kg compared to its previous closing of Rs 170/ kg; while the RSS-5 variety remained unchanged at Rs 166.50/ kg.
In the futures market, July delivery fell to Rs 173.40 compared to its previous closing of Rs 173.60 on the Indian Commodity Exchange Limited (ICEX).
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