OUTLOOK-India rubber seen down on profit-taking, weak demand

Newswire

MUMBAI, Dec 31 (Reuters) - Indian natural rubber futures are likely to fall this week on profit-taking, driven by sluggish demand from tyre makers, though thin supplies are seen limiting the downside. As of 1118 GMT, the key January rubber contract on the National Multi Commodity Exchange was down 0.8 percent at 16,483 rupees per 100 kg, after rising 4.6 percent last week. "Tyre makers are not active. They have comfortable inventories. They will wait for prices ...

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