Physical Rubber prices showed some weakness on Tuesday, driven by lack of genuine buyers in the market tracking declines in global trends. Though, some losses were capped due to the ongoing supply crunch in the market. Spot prices for RSS-4 variety declined to 131/ kg compared to its previous closing of Rs 131.50/ kg; while the RSS-5 variety remained unchanged at Rs 126.50/ kg.
In the futures market, January delivery fell to Rs 133.70 compared to its previous closing of Rs 134.12, while February delivery was at Rs 135.71 compared to its previous close of Rs 135.89 on the Indian Commodity Exchange Limited (ICEX).