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Physical rubber prices ruled steady on Saturday

08 Apr 2019 Evaluate

Physical Rubber prices ruled steady on Saturday 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 gained to Rs 131.12 compared to its previous closing of Rs 130.80, while May delivery was at Rs 132.80 compared to its previous close of Rs 132.25 on the Indian Commodity Exchange Limited (ICEX).