Physical Rubber prices witnessed weakness on Thursday amidst poor demand from industrial users following reports of rise in natural rubber production. Data showed natural rubber production registered a growth of 8.3% during the previous fiscal.
Spot prices for RSS-4 variety fell to Rs 151/ kg compared to its previous closing of Rs 152.50/ kg; while the RSS-5 variety declined to Rs 148.50/ kg compared to its previous closing of Rs 149/ kg.