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Physical Rubber prices witness some weakness on Monday

09 Jan 2018 Evaluate

Physical Rubber prices showed some weakness on Monday. Spot prices for RSS-4 variety fell to Rs 128.50/ kg compared to its previous closing of Rs 129/ kg; while the RSS-5 variety declined to Rs 124/ kg compared to its previous closing of Rs 124.50/ kg.

In the futures market, January delivery slid to Rs 129.14 compared to its previous closing of Rs 129.82, while February delivery closed at Rs 130.75 compared to its previous close of Rs 131.35 on the National Multi Commodity Exchange (NMCE).