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12-Sep2018

Physical Rubber prices witness some weakness on Tuesday

Physical Rubber prices showed some weakness on Tuesday on account of buyer resistance in the market, while major consuming industries continued to stay away from the markets. Spot prices for RSS-4 variety remained unchanged at Rs 131.50/ kg; while the RSS-5 variety declined to Rs 128/ kg compared to its previous closing of Rs 128.50/kg.

In the futures market, September delivery improved marginally to Rs 131.56 compared to its previous closing of Rs 131.33 on the National Multi Commodity Exchange (NMCE).


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