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Physical Rubber Prices Improve On Tuesday (25-Jan-2012)

Indian-Commodity  :  Commodity-Market >> Rubber  :  Physical Rubber Prices Improve On Tuesday
Physical Rubber Prices Improve On Tuesday
Physical rubber prices made some improvement on Tuesday on the back of short covering and fresh buying. Though, there were no enquiries from major consuming industries but the futures market too improved and helped the prices strengthen in spot markets.

Spot prices for RSS-4 variety closed at Rs 191 compared to its previous closing of Rs 190.50; while the RSS-5 variety closed at Rs 187 compared to its previous closing of Rs 186.

In the futures market, the contract foor February delivery closed at Rs 194 compared to its previous closing of Rs 192.30,while the contract for March delivery closed at Rs 197.88 compared to its previous closing of Rs 196.34 on National Multi Commodity Exchange.
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