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27-Feb2019

Physical Rubber prices witness some firmness on Tuesday

Physical Rubber prices showed some firmness on Tuesday due to a supply crunch and rising demand from stockists. Spot prices for RSS-4 variety remained unchanged at Rs 126.50/kg; while the RSS-5 variety jumped to 122/ kg compared to its previous closing of Rs 121.50/ kg.

In the futures market, March delivery rose to Rs 128.40 compared to its previous closing of Rs 127.42, while April delivery was at Rs 132 compared to its previous close of Rs 130.93 on the Indian Commodity Exchange Limited (ICEX).


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