Commodity Market Tips: Physical Rubber Prices Witness Weakness On Wednesday

Physical Rubber prices showed weakness on Wednesday. Spot prices for RSS-4 variety fell to Rs 126/ kg compared to its previous closing of Rs 127/ kg; while the RSS-5 variety declined to Rs 122.50/ kg compared to its previous closing of Rs 123/ kg. In the futures market, November delivery declined to Rs 124.20 compared to its previous closing of Rs 124.72, while December delivery closed at Rs 121.78 compared to its previous close of Rs 122.54 on the National Multi Commodity Exchange (NMCE).

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