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Physical Rubber prices showed some weakness on Monday

20 Oct 2015 Evaluate

Physical Rubber prices showed some weakness on Monday as there were no genuine buyers in the local trading houses though the commodity is passing through the low production season.

Spot prices for RSS-4 variety remained unchanged at Rs 114.50/ kg; while the RSS-5 variety declined to Rs 112.50/ kg compared to its previous closing of Rs 113/ kg.

In the futures market, contract of November delivery weakened to Rs 114.05 compared to its previous closing of Rs 114.51, while December delivery closed at Rs 113.84 compared to its previous close of Rs 114.43 on the National Multi Commodity Exchange (NMCE).

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