Physical Rubber prices witness some weakness on Thursday

12 Feb 2021 Evaluate

Physical Rubber prices showed some weakness on Thursday in line with buyer resistance in the market, though enquiries from the general rubber goods sector capped some fall.

Spot prices for RSS-4 variety remained unchanged at Rs 155/ kg; while the RSS-5 variety declined to Rs 150/ kg compared to its previous closing of Rs 151/ kg. In the futures market, March delivery gained to Rs 157.35 compared to its previous closing of Rs 155.68 on the Indian Commodity Exchange Limited (ICEX).

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