Physical Rubber Prices Witness Weakness On Thursday

Physical Rubber prices showed weakness on Thursday amid profit-booking at prevailing higher levels. Spot prices for RSS-4 variety declined to 136/ kg compared to its previous closing of Rs 138/ kg; while the RSS-5 variety fell to Rs 132.50/ kg compared to its previous closing of Rs 134.50/ kg. In the futures market, August delivery weakened to Rs 132.35 compared to its previous closing of Rs 135.55, while September delivery closed at Rs 131.61 compared to its previous close of Rs 134.40 on the National Multi Commodity Exchange (NMCE).

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