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07-Dec2018

Physical Rubber prices witness some weakness on Thursday

Physical Rubber prices showed some weakness on Thursday due to subdued demand from domestic buyers. Spot prices for RSS-4 variety remained unchanged at Rs 119/ kg; while the RSS-5 variety declined to Rs 115.50/ kg compared to its previous closing of Rs 116/ kg.

In the futures market, December delivery rose to Rs 121.04 compared to its previous closing of Rs 120.95, while January delivery was at Rs 122.99 compared to its previous close of Rs 122.96 on the Indian Commodity Exchange Limited (ICEX).


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