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Physical rubber prices closed mixed on Thursday

24 Feb 2012 Evaluate

Physical rubber prices ended mixed on Thursday after witnessing good upmove in last two days. There was buyers resistance in some grades, while the volume remained low due to stumpy transactions in the mandis.

Spot prices for RSS-4 variety closed at Rs 186/kg compared to its previous closing of Rs 186.50/kg; while the RSS-5 variety closed at Rs 183.50/kg compared to its previous closing of Rs183/kg.

In the futures market, the contract of RSS 4 for March delivery closed at Rs 188.31 compared to its previous closing of Rs 186.65, while the contract for April delivery closed at Rs 193.25 compared to its previous closing of Rs 191.74 on the National Multi Commodity Exchange.

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