Physical rubber prices ruled flat on Monday as most traders were hesitant to enlarge their commitments following another weak closing in domestic futures on the National Multi Commodity Exchange.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 148/ kg and Rs144/ kg respectively.
In the futures market, contract of April delivery weakened to Rs 144.20 compared to its previous closing of Rs 145.36, while May delivery closed at Rs 148.24 compared to its previous close of Rs 149.14 on the National Multi Commodity Exchange (NMCE).