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Physical Rubber prices witness weakness on Friday

24 Mar 2018 Evaluate

Physical Rubber prices showed weakness on Friday. Spot prices for RSS-4 variety fell to Rs 122/ kg compared to its previous closing of Rs 123/ kg; while the RSS-5 variety declined to Rs 118.50/ kg compared to its previous closing of Rs 119.50/ kg.

In the futures market, April delivery fell to Rs 118.90 compared to its previous closing of Rs 119.49, while May delivery closed at Rs 121.05 compared to its previous close of Rs 121.87 on the National Multi Commodity Exchange (NMCE).