Physical rubber prices continued to be steady on Thursday due to widespread rain in plantation areas which restricts the sellers from entering the market and resulted in market failure while the futures had shown a mixed trend at closing.
Spot prices for RSS- 4 and RSS- 5 variety continued to remain unchanged at Rs. 186/ kg and Rs. 180/ kg respectively.
In the futures market, the contract of RSS- 4 July delivery slipped to Rs. 185.40 compared to its previous closing of Rs. 185.58, while the contract of August delivery closed at Rs. 182.34 compared to its previous closing of Rs. 182.51 on the National Multi Commodity Exchange.
