Physical Rubber prices witness some improvement on Monday

13 Jul 2021

Physical Rubber prices witnessed some improvement on Monday, supported by firm demand at domestic spot market. Although, rising worries over fast spreading of Delta variant virus in some parts of the world capped further gains on rubber prices. Spot prices for RSS-4 variety remained unchanged at Rs 167/ kg; while the RSS-5 variety rose to Rs 164.50/ kg compared to its previous closing of Rs 164/ kg.

In the futures market, August delivery lost to Rs 172.20 compared to its previous closing of Rs 172.28 on the Indian Commodity Exchange Limited (ICEX).