Physical rubber prices declined on Friday on account of subdued trade and slack demand in the market. Spot prices for RSS-4 variety declined to Rs 122/ kg compared to its previous closing of Rs 123/ kg; while the RSS-5 variety reduced to 120/ kg compared to its previous closing of Rs 120.50/kg.
In the futures market, contract of August delivery weakened to Rs 120.57 compared to its previous closing of Rs 122.44, while September delivery closed at Rs 119.79 compared to its previous close of Rs 121.89 on the National Multi Commodity Exchange (NMCE).
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