Physical rubber prices after showing mixed trend for last couple of days stabilized on Thursday and the major varieties closed almost unchanged. Following weakness in the domestic futures there were no quantity sellers or buyers in the major trading centres and that impacted the trade.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 188/kg and Rs 185.50/kg respectively.
In the futures market, the contract of RSS-4 for March delivery closed at Rs 188.27 compared to its previous closing of Rs189.84, while the contract for April delivery closed at Rs 193.15 compared to its previous closing of Rs 194.42 on the National Multi Commodity Exchange.
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