Skip to main content

MoneyWorks4Me

Physical Rubber prices extend weakness on Friday

20 Jun 2020 Evaluate

Physical Rubber prices extended weakness on Friday due to weak demand outlook from domestic stockists for the commodity. Although, ongoing supply crunch in the market capped the fall in rubber prices.

Spot prices for RSS-4 variety declined to 120/ kg compared to its previous closing of Rs 120.50/ kg; while the RSS-5 variety fell to 116/ kg compared to its previous closing of Rs 117/ kg.