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Physical Rubber prices witness improvement on Tuesday

09 Nov 2016 Evaluate

Physical Rubber prices showed improvement on Tuesday reacting closely to the global gains. Spot prices for RSS-4 variety jumped to 117/ kg compared to its previous closing of Rs 116/ kg; while the RSS-5 variety climbed to 112/ kg compared to its previous closing of Rs 110/ kg.

In the futures market, contract of November delivery improved to Rs 120.93 compared to its previous closing of Rs 119, while December delivery closed at Rs 123.72 compared to its previous close of Rs 121.91 on the National Multi Commodity Exchange (NMCE).

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