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22-Sep2018

Physical Rubber prices witness some weakness on Friday

Physical Rubber prices showed some weakness on Friday on account of buyer resistance in the market. Spot prices for RSS-4 variety remained unchanged at Rs 129/ kg; while the RSS-5 variety declined to Rs 124/ kg compared to its previous closing of Rs 124.50/kg.

In the futures market, October delivery rose to Rs 128.06 compared to its previous closing of Rs 127.61, while November delivery closed at Rs 126.45 compared to its previous close of Rs 125.99 on the National Multi Commodity Exchange (NMCE).


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