Skip to main content

MoneyWorks4Me

Physical Rubber prices witness some firmness on Wednesday

11 Jun 2020 Evaluate

Physical Rubber prices showed some firmness on Wednesday due to ongoing supply crunch in the market. Spot prices for RSS-4 variety rose to 121.50/ kg compared to its previous closing of Rs 121/ kg; while the RSS-5 variety remained unchanged at Rs 117.50/kg.

In the futures market, July delivery fell to Rs 126.25 compared to its previous close of Rs 126.66 on the Indian Commodity Exchange Limited (ICEX).