Physical rubber prices finished unchanged on Thursday. Another firm closing in domestic futures failed to make any visible impact on the spot market. However, intensified monsoon rain has already affected the production and the market might experience an acute shortage of rubber in the coming weeks.
Spot prices for RSS-4 and RSS-5 variety remained unchanged at Rs 171/ kg and Rs 166/ kg respectively.
In the futures market, contract of June delivery improved to Rs 173.00 compared to its previous close of Rs 171.23, while July delivery closed at Rs 167.99 compared to its previous closing of Rs 167.14 on the National Multi Commodity Exchange (NMCE).
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