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Physical rubber prices ruled unchanged on Wednesday

02 May 2019 Evaluate

Physical Rubber prices ruled unchanged on Wednesday amid subdued demand from tyre manufacturers. Spot prices for RSS-4 and RSS-5 variety closed steady at Rs 128/kg and Rs 125.50/kg respectively.

In the futures market, May delivery added to Rs 130.50 compared to its previous closing of Rs 130.40, while June delivery was at Rs 132.00 compared to its previous close of Rs 131.88 on the Indian Commodity Exchange Limited (ICEX).