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Physical rubber prices strengthen on Wednesday

04 Oct 2012 Evaluate

Physical rubber prices were not available on Wednesday owing to a strike announced by the traders and industrialists in the state. However, as per the Rubber Board, sheet rubber improved.

Spot prices for RSS-4 variety improved to Rs 195.50/ kg compared to its previous closing of Rs 195/ kg.

In the futures market, contract of October delivery increased to Rs 196.30 compared to its previous closing of Rs 193.91, while November delivery closed at Rs 193.19 compared to its previous closing of Rs 189.93 on the National Multi Commodity Exchange (NMCE).

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