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05-Mar2019

Physical Rubber prices witness firmness on Monday

Physical Rubber prices showed firmness on Monday due to ongoing supply crunch in the market. Spot prices for RSS-4 variety gained to 128.50/ kg compared to its previous closing of Rs 128/ kg; while the RSS-5 variety jumped to 124/ kg compared to its previous closing of Rs 123/ kg.

In the futures market, March delivery fell to Rs 128.47 compared to its previous closing of Rs 129.14, while April delivery was at Rs 132.50 compared to its previous close of Rs 133.36 on the Indian Commodity Exchange Limited (ICEX).


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