Physical rubber prices showed a mixed trend on Friday. Sharp recovery in the TOCOM rubber futures and the absence of quantity sellers triggered covering purchases at lower levels in selected counters.
Spot prices for RSS-4 variety improved to Rs 161.50/kg compared to its previous closing of Rs 160.50/ kg, while RSS-5 variety remained unchanged at Rs 156/kg.
In the futures market, contract of February delivery closed at Rs 162.40 compared to its previous closing of Rs 162.50, while march delivery closed at Rs 164.70 compared to its previous closing of Rs 164.81 on the National Multi Commodity Exchange (NMCE).
