Physical rubber prices ruled steady on Wednesday. The market lost its direction amidst extremely dull volumes. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 123/ kg and Rs 121/ kg respectively.
In the futures market, April delivery fell to Rs 119.67 compared to its previous closing of Rs 122.45, while May delivery closed at Rs 122.23 compared to its previous close of Rs 125.53 on the National Multi Commodity Exchange (NMCE).