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Physical Rubber prices witness some strength on Tuesday

31 Mar 2021 Evaluate
Physical Rubber prices witnessed some strength on Tuesday, kindled by the improved international demand for the commodity .

Spot prices for RSS-4 variety rose to Rs 170.50/kg compared to its previous closing of Rs 170/kg; while the RSS-5 variety gained to Rs 167.50/kg compared to its previous closing of Rs 167.00/kg.

In the futures market, April delivery dipped to Rs 170.25 compared to its previous closing of Rs 170.30 on the Indian Commodity Exchange Limited (ICEX).