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Physical rubber prices showed some weakness on Friday

14 Oct 2013 Evaluate

Physical rubber prices showed some weakness on Friday due to lack of genuine sellers and buyer resistance in the markets ahead of weekend.

Spot prices for RSS-4 variety remained unchanged at Rs 166/ kg, while RSS-5 variety weakened to Rs 159/ kg compared to its previous closing of Rs 160/ kg.

In the futures market, contract of October delivery improved to Rs 165 compared to its previous close of Rs 164.63, while November delivery closed at Rs 166.65 compared to its previous closing of Rs 165.87 on the National Multi Commodity Exchange (NMCE).

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