COMMODITY
Physical Rubber prices witness some weakness on Tuesday
Jan-22-2020

Physical Rubber prices showed some weakness on Tuesday as lack of enquiries from the tyre sector kept the commodity under pressure. Though, ongoing supply crunch in the market against improved demand from domestic stockists, capped some losses. Spot prices for RSS-4 variety remained unchanged at Rs 138/ kg; while the RSS-5 variety fell to 133.50/ kg compared to its previous closing of Rs 134/ kg.

In the futures market, February delivery declined to Rs 139.50 compared to its previous closing of Rs 140.84, while March delivery was at Rs 142.50 compared to its previous close of Rs 143.85 on the Indian Commodity Exchange Limited (ICEX).

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