Physical Rubber Prices improved on Wednesday on supply concerns in the market. Though, lack of visible buying pressure in the local trading houses, capped some gains.
Spot prices for RSS-4 variety improved to Rs 131/ kg compared to its previous closing of Rs 130/ kg; while the RSS-5 variety improved to Rs 128/ kg compared to its previous closing of Rs 127/ kg.
In the futures market, contract of June delivery improved to Rs 129.85 compared to its previous closing of Rs 128.86, while July delivery closed at Rs 134.92 compared to its previous close of Rs 133.72 on the National Multi Commodity Exchange (NMCE).
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