MoneyWorks4Me

Physical Rubber prices witness weakness on Monday

30 Aug 2016 Evaluate

Physical rubber prices showed some weakness on Monday. Spot prices for RSS-4 variety remained unchanged at Rs 130/ kg; while the RSS-5 variety dropped to Rs 122/ kg compared to its previous closing of Rs 123/ kg.

In the futures market, contract of September delivery ended flat to Rs 126.59 compared to its previous closing of Rs 126.58, while October delivery closed at Rs 118.44 compared to its previous close of Rs 119.99 on the National Multi Commodity Exchange (NMCE).

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