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Physical Rubber prices witness weakness on Thursday

17 Mar 2017 Evaluate

Physical Rubber prices showed weakness on Thursday. Spot prices for RSS-4 variety declined to 149/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety weakened to Rs 141/ kg compared to its previous closing of Rs 142/ kg.

In the futures market, April delivery fell to Rs 146.20 compared to its previous closing of Rs 147.21, while May delivery closed at Rs 150.75 compared to its previous close of Rs 152.16 on the National Multi Commodity Exchange (NMCE).