Breaking News

You are here » Indian-Commodity  :  Commodities  :  Rubber  :  Physical rubber prices ruled steady on Wednesday

28-Mar2019

Physical rubber prices ruled steady on Wednesday

Physical Rubber prices ruled steady on Wednesday, followed by lack of buyers in the domestic market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 128/ kg and Rs 125/ kg respectively.

In the futures market, April delivery fell to Rs 129.50 compared to its previous closing of Rs 130.49, while May delivery was at Rs 131.48 compared to its previous close of Rs 132.42 on the Indian Commodity Exchange Limited (ICEX).


Related News

View all news

Physical rubber prices ruled unchanged on Thursday

Physical Rubber prices ruled unchanged on Thursday. Meanwhile, the overall outlook for natural rubber remained positive due to a fall in global production estimate. Spot prices for RSS-4 and RSS-5 variety......

Physical Rubber prices witness firmness on Wednesday

Physical Rubber prices showed firmness on Wednesday due to a fall in domestic natural rubber output and improved demand from domestic stockists. Spot prices for RSS-4 variety rose to Rs 130/ kg compared......

Physical Rubber prices witness firmness on Monday

Physical Rubber prices showed firmness on Monday, due to ongoing supply concerns in the market. Spot prices for RSS-4 variety rose to Rs 129.50/ kg compared to its previous closing of Rs 129/ kg; while......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......