Physical Rubber prices declined on Thursday due to lack of buyers in the Market. Further, scattered transactions too influenced rubber prices.
Spot prices for RSS-4 variety declined to Rs 174 compared to its previous closing of Rs 175; while the RSS-5 variety closed at Rs 170 compared to its previous closing of Rs 172.
In the futures market, contract of October delivery improved to Rs 174.20 compared to its previous close of Rs 172.89, while November delivery closed at Rs 173.45 compared to its previous closing of Rs 171.96 on the National Multi Commodity Exchange (NMCE).
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