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19-Dec2018

Physical Rubber prices witness some improvement on Tuesday

Physical Rubber prices showed some improvement on Tuesday due to concerns over fall in domestic output coupled with improved demand from domestic stockists. Spot prices for RSS-4 variety remained unchanged at Rs 124/ kg; while the RSS-5 variety rose to Rs 120/ kg compared to its previous closing of Rs 119/ kg.

In the futures market, January delivery fell to Rs 126.72 compared to its previous closing of Rs 127.56, while February delivery was at Rs 128.51 compared to its previous close of Rs 129.63 on the Indian Commodity Exchange Limited (ICEX).


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