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Physical rubber prices remain unchanged on Wednesday

15 Nov 2012 Evaluate

Physical rubber prices closed unchanged on Wednesday, lacking trading activities and the market remained neutral amidst scattered transactions. However, the commodity managed to sustain at the prevailing levels in the absence of quantity sellers either from dealers or growers.

Spot prices for RSS-4 and RSS-5 variety remained unchanged at RS 172/ kg and Rs 168/ kg respectively.

In the futures market, contract of November delivery improved to Rs 171.80 compared to its previous closing of Rs 171.10, while December delivery closed at Rs 173.15 compared to its previous close of Rs 172.45 on the National Multi Commodity Exchange (NMCE).

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