Physical rubber prices continued steady on Wednesday on feeble-minded attitude of buyers due to inadequate follow up of enquiries from the major consuming industries while TOCOM futures had shown a good improvement at lower level.
Spot rubber prices for RSS- 4 variety continued to remain unchanged at Rs.186/ kg, while RSS- 5 variety closed at Rs. 180/ kg as compared to its previous closing of Rs.180.50/ kg.
In the futures market, contract of RSS- 4 July delivery increased to Rs.185.59 compared to its previous close of 184.99, while contract of August delivery closed at Rs.182.51 compared to its previous close of Rs.182.13 on the National Multi Commodity Exchange.
