Shares Bazaar

Physical Rubber prices extend gains on Tuesday

Physical Rubber prices extended gains on Tuesday amid strong demand from the automotive and tyre industries, while severe supply shortages also helped rubber to trade higher. 

Spot prices for the RSS-4 variety rose to Rs 231/kg to its previous closing of Rs 229/kg; while the RSS-5 variety gained to Rs 226/kg to its previous closing of Rs 225/kg.