Physical Rubber prices witnessed weakness on Monday, pressured by the concerns about oversupply, dip in demand from key consuming sectors, as well as fluctuations in global rubber prices. Ongoing economic uncertainties and geopolitical tensions also curtailed position taking.
Spot prices for the RSS-4 variety fell at Rs 197/ kg compared to its previous closing of Rs 197.50/ kg; while the RSS-5 variety declined at Rs 193/ kg compared to its previous closing of Rs 193.50/ kg.