Physical Rubber prices remain unchanged on demand worries

Physical Rubber prices remained unchanged on Tuesday amid worries over its demand due to resurgence of corona-virus cases in the country and after the Kerala State government's decision to enforce strict norms restricting daily life and business activities till May 9. However, supply shortage issues have supported rubber prices to some extent.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 168/ kg and Rs 165/ kg respectively. In the futures market, May delivery gained to Rs 168.20 compared to its previous closing of Rs 168.14 on the Indian Commodity Exchange Limited (ICEX).

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