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Physical Rubber prices showed some improvement on Friday

20 Jul 2013 Evaluate

Physical rubber market showed a mixed trend on Friday. Though, the market opened steady and improved further on fresh buying and short covering in the market.

Spot prices for RSS-4 variety improved to 192/kg compared to its previous closing of Rs 191/ kg, while RSS-5 variety remained unchanged at Rs 187/kg.

In the futures market, contract of August delivery firmed up to Rs 192.45 compared to its previous close of Rs 189.85, while September delivery closed at Rs 182.40 compared to its previous closing of Rs 179.72 on the National Multi Commodity Exchange (NMCE).

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