Physical rubber prices closed weak on Saturday on the absence of genuine buyers and another weak closing of domestic futures.
Spot prices for RSS-4 variety continued to decline to Rs 193/ kg compared to its previous closing of Rs 195/ kg, while RSS-5 variety closed at Rs 188/ kg compared to its previous closing of Rs 189/ kg.
In the futures market, contract of October delivery slipped to Rs 191.50 compared to its previous close of Rs 192.61, while November delivery closed at Rs 186.99 compared to its previous close of Rs 187.57 on the National Multi Commodity Exchange (NMCE).
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