Physical Rubber prices showed firmness on Wednesday as demand from domestic stockists is improving against ongoing supply concerns in the market. Spot prices for RSS-4 variety rose to Rs 130.50/ kg compared to its previous closing of Rs 130/ kg; while the RSS-5 variety gained Rs 128.50/ kg compared to its previous closing of Rs 128/ kg.
In the futures market, May delivery fell to Rs 131.62 compared to its previous closing of Rs 131.93, while June delivery was at Rs 133.15 compared to its previous close of Rs 133.40 on the Indian Commodity Exchange Limited (ICEX).
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