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24-May2018

Physical Rubber prices witness weakness on Wednesday

Physical Rubber prices showed weakness on Wednesday. Spot prices for RSS-4 variety fell to Rs 128/ kg compared to its previous closing of Rs 128.50/ kg; while the RSS-5 variety declined to Rs 125.50/ kg compared to its previous closing of Rs 126/ kg.

In the futures market, June delivery declined to Rs 128.97 compared to its previous closing of Rs 129.16, while July delivery closed at Rs 131.93 compared to its previous close of Rs 132.23 on the National Multi Commodity Exchange (NMCE).


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