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07-Mar2019

Physical Rubber prices witness some weakness on Wednesday

Physical Rubber prices showed some weakness on Wednesday, despite supply crunch in the market. Spot prices for RSS-4 variety declined to 128/ kg compared to its previous closing of Rs 128.50/ kg; while the RSS-5 variety remained unchanged at Rs 124/ kg.

In the futures market, March delivery fell to Rs 126.01 compared to its previous closing of Rs 127.22, while April delivery was at Rs 130.26 compared to its previous close of Rs 131.43 on the Indian Commodity Exchange Limited (ICEX).


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