Physical Rubber prices remain unchanged on demand worries

08 Jun 2021

Physical Rubber prices remained unchanged on Monday amid demand worries as Kerala Government has extended the ongoing lockdown for another week until June 16 amid covid-19 surge. While, supply shortages supported rubber prices to some extent. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 170/ kg and Rs 166.50/ kg respectively.

In the futures market, June delivery fell Rs 173 compared to its previous closing of Rs 173.68 on the Indian Commodity Exchange Limited (ICEX).