OUTLOOK-India rubber seen down as supplies improve

Newswire

MUMBAI, June 26 (Reuters) - Natural rubber prices in India, the world's fourth-biggest producer, are likely to nudge lower this week on weak demand and rising supplies, but the Thailand government's plan to intervene in the market is seen limiting the downside. The benchmark July rubber on India's National Multi-Commodity Exchange (NMCE) provisionally closed up 0.3 percent at 18,497 rupees per 100 kg on Tuesday. The spot price of the most traded RSS-4 rubber (ribbed, smoked sheet) in the ...

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