Physical Rubber prices showed firmness on Wednesday due to a fall in domestic natural rubber output and improved demand from domestic stockists. Spot prices for RSS-4 variety rose to Rs 130/ kg compared to its previous closing of Rs 129.50/ kg; while the RSS-5 variety gained Rs 128/ kg compared to its previous closing of Rs 127/ kg.
In the futures market, May delivery fell to Rs 131.16 compared to its previous closing of Rs 131.39, while June delivery was at Rs 132.75 compared to its previous close of Rs 133.03 on the Indian Commodity Exchange Limited (ICEX).
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