Skip to main content

MoneyWorks4Me

Physical Rubber prices witness improvement on Monday

26 Dec 2018 Evaluate

Physical Rubber prices showed improvement on Monday. Spot prices for RSS-4 variety rose to Rs 124.50/ kg compared to its previous closing of Rs 124.00/ kg; while the RSS-5 variety jumped to Rs 121.50/ kg compared to its previous closing of Rs 120.50/ kg.

In the futures market, January delivery weakened at Rs 127.01 compared to its previous closing of Rs 127.96, while February delivery was at Rs 129.50 compared to its previous close of Rs 130.23 on the Indian Commodity Exchange Limited (ICEX).