Physical Rubber prices remained unchanged on Tuesday due to supply concerns followed by the prevailing weather conditions in major producing belts. Meanwhile, the Association of Natural Rubber Producing Countries (ANRPC) said the global production of natural rubber is expected to remain almost unchanged in November and December 2021 as compared to the last two months. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 179/ kg and Rs 177/ kg respectively.
In the futures market, December delivery gained to Rs 177.60 compared to its previous closing of Rs 177.55 on the Indian Commodity Exchange Limited (ICEX).