Thursday 22 January 2015

Physical rubber prices showed some firmness on Wednesday

Physical rubber prices showed some firmness on Wednesday due to enquiries from the non-tyre sector. Spot prices for RSS-4 variety remained unchanged at Rs 120/ kg, while RSS-5 variety improved to Rs 112/ kg compared to its previous closing of Rs 110/ kg.
In the futures market, contract of February delivery weakened to Rs 120.50 compared to its previous closing of Rs 121.25, while March delivery closed at Rs 121.33 compared to its previous close of Rs 122.17 on the National Multi Commodity Exchange (NMCE).

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