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Physical Rubber prices remain unchanged on Tuesday

06 Jan 2021 Evaluate

Physical Rubber prices remained unchanged on Tuesday as concerns over weak demand with hopes of rise in arrivals kept the prices under pressure. Worries of the outbreak of the fast-spreading new strain of the corona virus too weighed on rubber prices. 

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 152.50/ kg and Rs 142/ kg respectively.

In the futures market, January delivery gained to Rs 154.40 compared to its previous closing of Rs 153.98, while February delivery was at Rs 155.40 compared to its previous close of Rs 155.05 on the Indian Commodity Exchange Limited (ICEX).

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