Physical Rubber prices witnessed weakness on Tuesday due to lack of local guidance through exchange trade on account of Holi took the steam out of the market. Spot prices for RSS-4 variety declined to 130/kg compared to its previous closing of Rs 131/kg; while the RSS-5 variety fell to 125/kg compared to its previous closing of Rs 126/kg.
In the futures market, March delivery fell to Rs 128.40 compared to its previous closing of Rs 128.67, April delivery was trading at Rs 130.80 compared to its previous close of Rs 129.39 on the Indian Commodity Exchange Limited (ICEX).
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