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22-May2018

Physical Rubber prices witness improvement on Monday

Physical Rubber prices showed improvement on Monday. Spot prices for RSS-4 variety rose to Rs 128/ kg compared to its previous closing of Rs 126/ kg; while the RSS-5 variety jumped to 125/ kg compared to its previous closing of Rs 123.50/ kg.

In the futures market, June delivery improved to Rs 130.22 compared to its previous closing of Rs 129.05, while July delivery closed at Rs 133.31 compared to its previous close of Rs 132.22 on the National Multi Commodity Exchange (NMCE).


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Physical Rubber prices showed weakness on Monday on expectations of a rise in rubber imports, and subdued demand from tyre manufacturers. Spot prices for RSS-4 variety fell to 128/ kg compared to its previous......

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