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Physical Rubber prices remain unchanged on Tuesday

15 Sep 2021 Evaluate

Physical Rubber prices remained unchanged on Tuesday as expectations of sharp improvement in production and arrivals has pressurised rubber sentiments, while Covid-19 restrictions and higher import duty supported rubber prices at domestic market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 174/ kg and Rs 171.50/ kg respectively.

In the futures market, October delivery gained to Rs 177.10 compared to its previous closing of Rs 177.07 on the Indian Commodity Exchange Limited (ICEX).