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Physical Rubber prices end lower on Thursday

02 Jun 2017 Evaluate

Physical Rubber prices ended lower on Thursday. Spot prices for RSS-4 variety declined to 125.50/ kg compared to its previous closing of Rs 126.50/ kg; while the RSS-5 variety weakened to Rs 123.50/ kg compared to its previous closing of Rs 124.50/ kg.

In the futures market, June delivery improved to Rs 124.19 compared to its previous closing of Rs 122.32, while July delivery closed at Rs 128.18 compared to its previous close of Rs 126.28 on the National Multi Commodity Exchange (NMCE).