OUTLOOK-India rubber seen steady as farmers trim supply

Newswire

MUMBAI, Dec 24 (Reuters) - Indian natural rubber futures are likely to remain steady this week near two-and-half-year lows hit last week as farmers trimmed supplies in response to lower prices and sluggish buying by tyre-makers. The key January rubber contract on India's National Multi Commodity Exchange provisionally closed up 1 percent at 16,050 rupees per 100 kg, after hitting a low of 15,701 rupees last week, the lowest level for the first-month contract since March 2010. ...

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