Physical Rubber prices extended weakness on Tuesday following sluggish demand and rise in natural rubber output from the major producing belts. Data showed natural rubber production registered a growth of 8.3% during the previous fiscal.
Spot prices for RSS-4 variety fell to Rs 149.50/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety declined to Rs 145/ kg compared to its previous closing of Rs 146/ kg.