Wednesday, 14 May 2014

Physical rubber prices improved on Tuesday

Physical rubber prices improved on Tuesday on fresh enquiries from the tyre sector.
Spot prices for RSS-4 variety improved to Rs 141/ kg compared to its previous closing of Rs 140/ kg, while RSS-5 variety closed at Rs 138/ kg compared to its previous close of Rs 136.50/ kg.
In the futures market, contract of May delivery firmed up to Rs 140.50 compared to its previous closing of Rs 139.42, while June delivery closed at Rs 142.50 compared to its previous close of Rs 142.70 on the National Multi Commodity Exchange (NMCE).

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