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17-Oct2016

Physical Rubber prices witness improvement on Saturday

Physical rubber prices showed some improvement on Saturday. Spot prices for RSS-4 variety jumped to 119/ kg compared to its previous closing of Rs 118/ kg; while the RSS-5 variety climbed to 113.50/ kg compared to its previous closing of Rs 113/ kg.

In the futures market, contract of November delivery improved to Rs 122.85 compared to its previous closing of Rs 120.15, while December delivery closed at Rs 124.99 compared to its previous close of Rs 121.95 on the National Multi Commodity Exchange (NMCE).


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