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Physical Rubber prices witness some weakness on Tuesday

23 Jan 2019 Evaluate

Physical Rubber prices showed some weakness on Tuesday amidst dull volumes in the market. Spot prices for RSS-4 variety remained unchanged at Rs 125/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, February delivery fell to Rs 125.49 compared to its previous closing of Rs 125.71, while March delivery was at Rs 127.31 compared to its previous close of Rs 127.81 on the Indian Commodity Exchange Limited (ICEX).