COMMODITY
Physical Rubber prices witness improvement on Thursday
Jan-15-2021

Physical Rubber prices showed improvement on Thursday, encouraged by bargain buying after sell-off in prices. Further, expectations of recovery in demand with mass rollout of corona virus vaccines globally, too supported rubber prices.

Spot prices for RSS-4 variety gained to 150.50/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety rose to 140.50/ kg compared to its previous closing of Rs 140/ kg. In the futures market, February delivery gained to Rs 154.65 compared to its previous closing of Rs 154.04 on the Indian Commodity Exchange Limited (ICEX).

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