Physical Rubber prices remained unchanged on Monday, as the Kerala Assembly elections and Easter holiday mood kept away major buying activity in the market and as major consuming industries are likely to maintain a wait and watch policy during the initial days of the new financial year. Future market of the commodity gained despite low volume in trades.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 170.50/kg and Rs 168.00/kg respectively. In the futures market, April delivery rose by 0.30% to Rs 171.25/kg compared to its previous closing of Rs 170.74/kg on the Indian Commodity Exchange Limited (ICEX).