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Physical Rubber prices remain unchanged on Monday

24 Aug 2021 Evaluate

Physical Rubber prices remained unchanged on Monday, supported by improved demand from certain tyre makers combined with supply constraints in the market. While, ongoing worries over Covid-19 pandemic weighed sentiment. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 179.50/ kg and Rs 177.50/ kg respectively.

In the futures market, September delivery gained to Rs 179.30 compared to its previous closing of Rs 179.18 on the Indian Commodity Exchange Limited (ICEX).