COMMODITY
Physical Rubber prices witness improvement on Thursday
Jan-17-2020

Physical Rubber prices showed improvement on Thursday due to ongoing supply crunch in the market against improved demand from domestic stockists. Spot prices for RSS-4 variety rose to Rs 137.50/ kg compared to its previous closing of Rs 137/ kg; while the RSS-5 variety jumped to 133/ kg compared to its previous closing of Rs 132/ kg.

In the futures market, February delivery gained to Rs 142.75 compared to its previous closing of Rs 142.62, while March delivery was at Rs 146 compared to its previous close of Rs 145.48 on the Indian Commodity Exchange Limited (ICEX).

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