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Physical rubber prices remained unchanged on Tuesday

26 Dec 2013 Evaluate

Physical rubber prices remain unchanged on Tuesday in a holiday mood on the eve of Christmas. Extremely dull volumes in the major counters and lack of quantity sellers in the local market too influenced rubber prices.

Spot prices for RSS-4 and RSS-5 variety remain unchanged at Rs 160/ kg and Rs 150/ kg respectively.

In the futures market, contract of January delivery improved to Rs 164.25 compared to its previous closing of Rs 163.06, while February delivery closed at Rs 166.89 compared to its previous closing of Rs 165.54 on the National Multi Commodity Exchange (NMCE).

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