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21-Sep2016

Physical Rubber prices witness improvement on Tuesday

Physical Rubber prices showed some improvement on Tuesday. Spot prices for RSS-4 variety jumped to 120/ kg compared to its previous closing of Rs 119/ kg; while the RSS-5 variety climbed to 112/ kg compared to its previous closing of Rs 111/ kg.

In the futures market, contract of October delivery improved to Rs 118.98 compared to its previous closing of Rs 118.18, while November delivery closed at Rs 119.07 compared to its previous close of Rs 118.07 on the National Multi Commodity Exchange (NMCE).


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