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14-Mar2019

Physical Rubber prices witness some firmness on Wednesday

Physical Rubber prices showed some firmness on Wednesday due to improved demand from domestic stockists. Though, expectations of a rise in rubber imports, capped some gains. Spot prices for RSS-4 variety remained unchanged at Rs 127/kg; while the RSS-5 variety jumped to 123/ kg compared to its previous closing of Rs 122.50/ kg.

In the futures market, April delivery fell to Rs 131.92 compared to its previous closing of Rs 131.94, while May delivery was at Rs 134.25 compared to its previous close of Rs 134.54 on the Indian Commodity Exchange Limited (ICEX).


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