Physical Rubber prices remained unchanged on Wednesday due to weak demand against higher supplies following the ongoing peak tapping season. While, expectations of recovery in demand with the corona virus vaccines are being rolled out globally, supported rubber prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 150/ kg and Rs 140/ kg respectively.
In the futures market, February delivery lost to Rs 154 compared to its previous closing of Rs 154.58 on the Indian Commodity Exchange Limited (ICEX).
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