COMMODITY
Physical Rubber prices remain unchanged on Tuesday
Oct-04-2023
Physical Rubber prices remained unchanged on Tuesday amid muted demand at physical market. Meanwhile, heavy rains in Kerala supported rubber prices to some extent. Reports showed that domestic consumption of natural rubber has reached a record high in 2022-23 at 1,350,000 tons, up 9% from the quantity of 1,238,000 tons consumed during 2021-22, while production for 2022-23 was 839,000 tons, an 8.3% increase from the previous year.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 146.50/ kg and Rs 142.50/ kg, respectively.
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