Physical Rubber prices declined on Friday due to lack of genuine buyers in the market. However, lower arrivals in the local trading houses capped some losses in rubber prices to some extent.
Spot prices for RSS-4 variety declined to Rs 144/ kg compared to its previous closing of Rs 144.50/ kg, while RSS-5 variety closed at Rs 139/ kg compared to its previous close of Rs 140/ kg.
In the futures market, contract of June delivery firmed up to Rs 142.80 compared to its previous close of Rs 142.68, while July delivery closed at Rs 142.80 compared to its previous closing of Rs 141.92 on the National Multi Commodity Exchange (NMCE).
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