Physical rubber prices showed a mixed trend on Monday, witnessed a covering purchases at selected counters following a better closing on commodity futures. However, a steady recovery in the trendsetting Japanese indices extended further support to the sentiments.
Spot prices for RSS- 4 variety improved to Rs. 162/ kg compared to its previous closing of Rs. 160/ kg, while RSS- 5 variety remain unchanged at Rs. 156/ kg.
In the futures market, contract of December delivery recovered to Rs. 164 compared to its previous close of Rs. 162.60, while January delivery closed at Rs. 166.25 compared to its previous closing of Rs. 164.79 on the National Multi Commodity Exchange (NMCE).
