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Physical Rubber prices remain unchanged on Tuesday

27 May 2020 Evaluate

Physical Rubber prices remained unchanged on Tuesday due to buyer resistance in the market following worries about the corona virus pandemic globally. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 115/ kg and Rs 109/ kg respectively.

In the futures market, June delivery gained to Rs 116.75 compared to its previous closing of Rs 116.65, while July delivery was trading at Rs 117 compared to its previous close of Rs 116.03 on the Indian Commodity Exchange Limited (ICEX).