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23-Mar2018

Physical Rubber prices witness weakness on Thursday

Physical Rubber prices showed weakness on Thursday. Spot prices for RSS-4 variety fell to Rs 123/ kg compared to its previous closing of Rs 123.50/ kg; while the RSS-5 variety declined to Rs 119.50/ kg compared to its previous closing of Rs 120/ kg.

In the futures market, April delivery fell to Rs 119.49 compared to its previous closing of Rs 122.24, while May delivery closed at Rs 121.87 compared to its previous close of Rs 124.26 on the National Multi Commodity Exchange (NMCE).


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