NMCE Rubber continues downtrend on global cues

NMCE rubber futures continued the bearish trend on active selling for 4th consecutive session on Wednesday. On opening itself prices traded down on heavy selling pressure. TOCOM rubber futures also traded down on active selling. However, settled on slightly positive note to � 507.40 per Kg. on short covering at previous losses. Thus, taking cues from positive closing of TOCOM futures NMCE

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