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MoneyWorks4Me

Physical Rubber prices witness some improvement on Monday

02 Apr 2019 Evaluate

Physical Rubber prices showed some improvement on Monday due to supply crunch and improved demand from domestic stockists. Spot prices for RSS-4 variety remained unchanged at Rs 128/ kg; while the RSS-5 variety rose to Rs 125.50/ kg compared to its previous closing of Rs 125/ kg.

In the futures market, April delivery fell to Rs 129.99 compared to its previous closing of Rs 130.30 on the Indian Commodity Exchange Limited (ICEX).