UPDATE1-MRF says to hike price if high rubber cost persists


(Adds details, price hike plans) MUMBAI, Jan 25 (Reuters) - Tyre maker MRF Ltd. will hike prices if the cost of rubber, a key raw material, hovers at the current high levels, a senior official said on Thursday. Rubber prices have risen to more than 100 rupees a kg and, at current levels, would hamper the company's Jan-March performance, Executive Director-Marketing, Philip Eapen, told Reuters over telephone. "At this price we are not looking at a bright quarter," he said. "When rubber ...

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