Rubber Price Trend 12-07-2021

Slight rise in rubber prices as future traders raise prices.

Farmers were relieved that prices did not fall last week due to partial tapping due to rains.

The price of rubber was Rs 16700 per quintal (Rs 167 per kg) last week.

Future traders were raise prices from 168 to 169.

Future traders in Tokyo and China markets also have hiked the price by one rupee.

Production will decrease due to heavy rains.

Demand from tire companies has been good.

Traders say prices are likely to rise in coming days

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