Physical rubber prices improved on Monday following overall gains in the futures on the National Multi Commodity Exchange (NMCE), although lack of visible changes in the fundamental or technical situation of the commodity capped some gains in rubber prices to some extent.
Spot prices for RSS-4 variety improved to Rs 140/ kg compared to its previous closing of Rs 138.50/ kg, while RSS-5 variety closed at Rs 136.50/ kg compared to its previous close of Rs 135/ kg.
In the futures market, contract of May delivery firmed up to Rs 139.50 compared to its previous closing of Rs 136.96, while June delivery closed at Rs 143 compared to its previous close of Rs 141.57 on the National Multi Commodity Exchange (NMCE).
No comments:
Post a Comment