Physical rubber prices improved marginally on Wednesday due to covering purchases at lower levels despite another weak closing in domestic futures market.
Spot prices for RSS-4 variety improved to Rs 138 compared to its previous closing of Rs 137; while the RSS-5 variety closed unchanged at Rs 134/ kg.
In the futures market, contract of May delivery firmed up to Rs 137.55 compared to its previous closing of Rs 138.91, while June delivery closed at Rs 139.60 compared to its previous close of Rs 141.19 on the National Multi Commodity Exchange (NMCE).
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