Physical Rubber prices improved on Wednesday on account of supply concerns in the market. Spot prices for RSS-4 variety surged to Rs 115.50/ kg compared to its previous closing of Rs 115/ kg; while the RSS-5 variety jumped to 113/ kg compared to its previous closing of Rs 112.50/kg.
In the futures market, contract of October delivery slid to Rs 115.03 compared to its previous closing of Rs 115.99, while November delivery closed at Rs 115.66 compared to its previous close of Rs 117.28 on the National Multi Commodity Exchange (NMCE).
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