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Physical rubber prices show mixed trend on Tuesday

10 Oct 2012 Evaluate

Physical rubber prices exhibited mixed trend on Tuesday. There was marginal recovery in the futures market but the sentiments remained weak though covering purchases kept the commodity firm on late trades.

Spot prices for RSS-4 variety improved to Rs 192/kg compared to its previous closing of Rs 190/kg; while the RSS-5 variety closed lower at Rs 186/kg compared to its previous closing of Rs 187/kg.

In the futures market, the contract for October delivery closed at Rs 192.20 compared to its previous closing of Rs 188.15, while the contract of November delivery closed at Rs 186.79 compared to its previous closing of Rs 182.49 on the National Multi Commodity Exchange.

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