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Physical rubber prices ruled steady on Thursday

05 Apr 2019 Evaluate

Physical Rubber prices ruled steady on Thursday amid an ongoing supply crunch in the domestic market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 128.50/ kg and Rs 126/ kg respectively.

In the futures market, April delivery fell to Rs 130.90 compared to its previous closing of Rs 131.16 on the Indian Commodity Exchange Limited (ICEX).