Wednesday 4 June 2014

Physical rubber prices ruled flat on Tuesday

Physical rubber prices ruled flat on Tuesday following the news that above 30,000 tonnes of rubber had been imported during May.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 145/ kg and Rs 143/ kg respectively.
In the futures market, contract of June delivery inched up to Rs 144.01 compared to its previous close of Rs 143.96, while July delivery closed at Rs 142.77 compared to its previous closing of Rs 142.17 on the National Multi Commodity Exchange (NMCE).

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