Physical Rubber prices showed weakness on Wednesday due to buyer resistance in the market. Spot prices for RSS-4 variety declined to Rs 108.50/ kg compared to its previous closing of Rs 109/ kg; while the RSS-5 variety weakened to Rs 106.50/ kg compared to its previous closing of Rs 107/ kg.
In the futures market, contract of December delivery improved marginally to Rs 106.03 compared to its previous closing of Rs 105.82, while January delivery closed at Rs 106.13 compared to its previous close of Rs 105.80 on the National Multi Commodity Exchange (NMCE).
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