COMMODITY
Physical Rubber prices witness weakness on Monday
Aug-20-2019

Physical Rubber prices showed weakness on Monday, driven by expectations of higher imports of the commodity against subdued demand from tyre makers. Spot prices for RSS-4 variety declined to 143.50/ kg compared to its previous closing of Rs 144/ kg; while the RSS-5 variety fell to 140/ kg compared to its previous closing of Rs 142/ kg.

In the futures market, September delivery rose to Rs 135.79 compared to its previous closing of Rs 136.78 on the Indian Commodity Exchange Limited (ICEX).

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