News

Physical Rubber prices remain flat on Monday

Physical Rubber prices remained flat on Monday due to risk aversion in the market amid uncertainties over global economic rebound and fears on potential global economic recession. Sluggish demand outlook from international markets and shortage of stocks in midst of heavy monsoon also weighed on rubber rates.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 179/ kg and Rs 176.50/ kg respectively.