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Physical Rubber prices witness weakness on Thursday

10 Mar 2017 Evaluate

Physical Rubber prices showed weakness on Thursday. Spot prices for RSS-4 variety declined to 150/ kg compared to its previous closing of Rs 151/ kg; while the RSS-5 variety weakened to Rs 140/ kg compared to its previous closing of Rs 141/ kg.

In the futures market, March delivery improved to Rs 143.50 compared to its previous closing of Rs 143.31, while April delivery closed at Rs 147.55 compared to its previous close of Rs 148.15 on the National Multi Commodity Exchange (NMCE).