Skip to main content

MoneyWorks4Me

Physical Rubber prices remain unchanged on Wednesday

11 Feb 2021 Evaluate

Physical Rubber prices remained unchanged on Wednesday, tracking weak overseas trendsetters. Lingering concerns over surging Covid-19 cases globally too added pressure on prices. While, hopes for US stimulus package is seen supporting rubber prices.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 155/ kg and Rs 151/ kg respectively. In the futures market, March delivery lost to Rs 155.64 compared to its previous closing of Rs 156.40 on the Indian Commodity Exchange Limited (ICEX).