Physical rubber prices continue to display mixed mood on Thursday. The market seemed to be moving in tandem with the global sentiments as TOCOM rubber futures fell more than three per cent to a three-week low following a rise in the yen and drop in equity markets.
Spot prices for RSS-4 variety declined to Rs 169/ kg compared to its previous closing of Rs 169.50/ kg, while RSS-5 variety remained unchanged at Rs 165/kg.
In the futures market, contract of June delivery improved to Rs 167.10 compared to its previous closing of Rs 166.07, while July delivery closed at Rs 166.24 compared to its previous close of Rs 164.79 on the National Multi Commodity Exchange (NMCE).
