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Physical rubber prices remain unchanged on Monday

21 May 2013 Evaluate

Physical rubber prices remained unchanged on Monday following a weak closing in domestic futures market. The market opened positive but shed the gains later on buyer resistance.

Spot prices for RSS-4 and RSS-5 variety remained unchanged at Rs 171/ kg and Rs 167/ kg respectively.

In the futures market, contract of June delivery weakened to Rs 170 compared to its previous close of Rs 171, while July delivery closed at Rs 169.66 compared to its previous closing of Rs 170.54 on the National Multi Commodity Exchange (NMCE).

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