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Physical rubber prices ruled flat on Tuesday

22 Jan 2014 Evaluate

Physical rubber prices ruled flat on Tuesday due to lack of genuine buyers in markets. Further, weak closing in the domestic futures market too influenced physical rubber prices.

Spot prices for RSS-4 and RSS-5 variety remain unchanged at Rs 151/ kg and Rs 144.50/ kg respectively.

In the futures market, contract of February delivery weakened to Rs 152.41 compared to its previous closing of Rs 154.36, while March delivery closed at Rs 154.80 compared to its previous closing of Rs 156.77 on the National Multi Commodity Exchange (NMCE).

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