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Physical Rubber prices witness some improvement on Thursday

05 Feb 2021 Evaluate

Physical Rubber prices witnessed some improvement on Thursday, supported by better demand outlook after increasing enquiries from the general rubber goods sector. However, concerns over sharp increase in the number of Covid-19 cases limited some gains.

Spot prices for RSS-4 variety remained unchanged at 152/ kg; while the RSS-5 variety gained to Rs 147/ kg compared to its previous closing of Rs 146.50/ kg. In the futures market, February delivery gained to Rs 155.24 compared to its previous closing of Rs 153.89 on the Indian Commodity Exchange Limited (ICEX).

 

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