Physical Rubber prices showed weakness on Thursday amid tepid demand from stockiest and expectations of higher supply in coming weeks. Spot prices for RSS-4 variety declined to 149.50/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety fell to 147/ kg compared to its previous closing of Rs 147.50/ kg.
In the futures market, August delivery gained to Rs 142.37 compared to its previous closing of Rs 142.10 on the Indian Commodity Exchange Limited (ICEX).