Physical Rubber prices extended gains on Thursday on comparatively better demand against lower supplies in the domestic market. Spot prices for RSS-4 variety jumped to 120/ kg compared to its previous closing of Rs 119/ kg; while the RSS-5 variety improved to 117.50/ kg compared to its previous closing of Rs 116.50/ kg.
In the futures market, contract of April delivery improved to Rs 124.12 compared to its previous closing of Rs 121.82, while May delivery closed at Rs 125.00 compared to its previous close of Rs 123.64 on the National Multi Commodity Exchange (NMCE).
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