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Physical Rubber prices witness weakness on Wednesday

22 Mar 2018 Evaluate

Physical Rubber prices showed some weakness on Wednesday. Spot prices for RSS-4 variety fell to Rs 123.50/ kg compared to its previous closing of Rs 124/ kg; while the RSS-5 variety declined to Rs 120/ kg compared to its previous closing of Rs 120.50/ kg.

In the futures market, April delivery improved to Rs 122.24 compared to its previous closing of Rs 121.89, while May delivery closed at Rs 124.26 compared to its previous close of Rs 123.99 on the National Multi Commodity Exchange (NMCE).