Physical Rubber prices remained unchanged on Thursday due to buyer resistance in the market following growing fears about the corona virus pandemic globally. Further, concerns over escalating tensions between top consumers China and the United States too added pressure on rubber prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 115/ kg and Rs 109/ kg respectively.
In the futures market, June delivery fell to Rs 112.00 compared to its previous closing of Rs 113.94, while July delivery was trading at Rs 112.01 compared to its previous close of Rs 114.38 on the Indian Commodity Exchange Limited (ICEX).