Physical rubber prices closed unchanged on Tuesday

Physical rubber prices closed unchanged on Tuesday as the market lost its direction following an almost similar trend in domestic rubber futures. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 113.50/ kg and Rs 111.50/ kg respectively.

In the futures market, contract of October futures improved marginally to Rs 115.09 compared to its previous closing of Rs 114.93, while November delivery closed at Rs 114.70 compared to its previous closing of Rs 114.20 on the National Multi Commodity Exchange (NMCE).