Physical Rubber prices witnessed weakness on Thursday amidst weak industrial demand at local markets. Moreover, rising supplies also weighed on sentiments. Data showed that natural rubber production registered a growth of 8.3% during the previous fiscal.
Spot prices for RSS-4 variety fell to Rs 145/ kg compared to its previous closing of Rs 146/ kg; while the RSS-5 variety declined to Rs 139/ kg compared to its previous closing of Rs 141/ kg.