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Physical rubber prices ruled steady on Monday

23 Apr 2019 Evaluate

Physical Rubber prices ruled steady on Monday due to subdued demand from tyre manufacturers. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 128/ kg and Rs 125/ kg respectively.

In the futures market, May delivery gained to Rs 130.22 compared to its previous closing of Rs 130.12 on the Indian Commodity Exchange Limited (ICEX).