Physical Rubber prices witness some weakness on Saturday

01 Mar 2021

Physical Rubber prices showed some weakness on Saturday in line with buyer resistance in the market. However, renewed optimism on global economy has capped some losses.

Spot prices for RSS-4 variety remained unchanged at Rs 160.50/ kg; while the RSS-5 variety fell to Rs 155.50/ kg compared to its previous closing of Rs 156/ kg. In the futures market, March delivery gained to Rs 163.70 compared to its previous closing of Rs 163.27 on the Indian Commodity Exchange Limited (ICEX).