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12-Mar2019

Physical Rubber prices witness some weakness on Monday

Physical Rubber prices showed some weakness on Monday on buyer resistance in the market. Spot prices for RSS-4 variety remained unchanged at Rs 127/ kg; while the RSS-5 variety declined to 122/ kg compared to its previous closing of Rs 123/ kg.

In the futures market, April delivery improved to Rs 130.70 compared to its previous closing of Rs 130.18, while May delivery was at Rs 133.06 compared to its previous close of Rs 132.90 on the Indian Commodity Exchange Limited (ICEX).


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