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Physical Rubber prices witness improvement on Friday

06 Nov 2021 Evaluate

Physical Rubber prices witnessed improvement on Friday due to firm domestic demand against persistent shortage of the raw material. Meanwhile, the Association of Natural Rubber Producing Countries (ANRPC) said the world production of natural rubber is expected to remain almost unchanged in November and December 2021 compared to the previous two months.

Spot prices for RSS-4 variety gained to Rs 179/ kg compared to its previous closing of Rs 178/ kg; while the RSS-5 variety firmed to Rs 176/ kg compared to its previous closing of Rs 175/ kg.


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