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Physical rubber prices closes mixed on Thursday

23 Sep 2011 Evaluate

Physical rubber continued their consolidation mood on Thursday and the spot prices once again made a mixed closing. Though, the domestic futures declined following the heavy losses in the international markets.

Spot prices for RSS-4 variety closed at Rs 216.50/kg compared to its previous closing of Rs 217.50/kg, while the RSS-5 variety closed unchanged at Rs 210/kg.

In the futures market, the contract of RSS-4 for October delivery declined to Rs 215.85 compared to its previous closing of Rs 218.85 and the contract for November delivery closed at Rs 213.65 compared to its previous closing of Rs 217.08 on the National Multi Commodity Exchange.

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