Breaking News

You are here » Indian-Commodity  :  Commodities  :  Rubber  :  Physical Rubber prices witness firmness on Thursday

15-Mar2019

Physical Rubber prices witness firmness on Thursday

Physical Rubber prices showed firmness on Thursday. The market regained strength on covering purchases as sellers stayed back owing to supply concerns in the market.

Spot prices for RSS-4 variety rose to Rs 127.50/ kg compared to its previous closing of Rs 127/ kg; while the RSS-5 variety gained Rs 124/ kg compared to its previous closing of Rs 123/ kg.

In the futures market, April delivery fell to Rs 131.48 compared to its previous closing of Rs 131.88, while May delivery was at Rs 133.98 compared to its previous close of Rs 133.87 on the Indian Commodity Exchange Limited (ICEX).


Related News

View all news

Physical Rubber prices witness firmness on Tuesday

Physical Rubber prices showed firmness on Tuesday, following improved demand from domestic stockists. Though, expectations of a rise in rubber imports, capping sharp gains. Spot prices for RSS-4 variety......

Physical Rubber prices witness firmness on Monday

Physical Rubber prices showed firmness on Monday due to ongoing supply crunch in the domestic market and on expectation of a pick-up in demand from tyre manufacturers. Spot prices for RSS-4 variety rose......

Physical Rubber prices witness firmness on Monday

Physical Rubber prices showed firmness on Monday due to ongoing supply crunch in the domestic market and on expectation of a pick-up in demand from tyre manufacturers. Spot prices for RSS-4 variety rose......

Top News

View all news

Power Grid fully utilises JPY 22 billion loan

Power Grid Corporation has fully drawn a 22 billion Japanese Yen (JPY) loan and utilised it to finance capital expenditure for its ongoing and new projects.Power Grid had entered into a JPY 22-billion......

Mahindra deploys six armoured Marksman at Delhi Airport

Mahindra Group has deployed six armoured Marksman vehicles at Indira Gandhi International Airport in Delhi. With this deployment, Delhi airport becomes first to get bullet-proof vehicle in its premises......

Oil India signs MoU with Gauhati University: Report

Oil India and Gauhati University have reportedly signed a Memorandum of Understanding (MoU) on March 19, 2019. The MoU aims to extend the facility of Technology Incubation Centre at Gauhati University......