Physical Rubber prices remained unchanged on Tuesday due to lower supplies and short-covering in the market. While, weak demand outlook for rubber due to concerns over spreading Omicron variant pressurizing rubber prices to some extent. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 185/ kg and Rs 182/ kg respectively.
In the futures market, December delivery gained to Rs 188 compared to its previous closing of Rs 187.33 on the Indian Commodity Exchange Limited (ICEX).