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Physical Rubber prices witness some firmness on Monday

15 Oct 2019 Evaluate

Physical Rubber prices showed some firmness on Monday due to renewed demand from domestic stockists, but rise in arrivals of the commodity capped some gains. Spot prices for RSS-4 variety gained to 120/ kg compared to its previous closing of Rs 119.50/ kg; while the RSS-5 variety remained unchanged at Rs 117/kg.

In the futures market, November delivery fell to Rs 118.83 compared to its previous closing of Rs 118.93 on the Indian Commodity Exchange Limited (ICEX).