Physical Rubber prices showed firmness on Thursday due to robust demand from domestic stockists and expectations of a fall in rubber imports. Spot prices for RSS-4 variety jumped to 155/ kg compared to its previous closing of Rs 154/ kg; while the RSS-5 variety gained Rs 151/ kg compared to its previous closing of Rs 150/ kg.
In the futures market, July delivery rose to Rs 155.72 compared to its previous closing of Rs 154.48, while August delivery was at Rs 150.90 compared to its previous close of Rs 149.48 on the Indian Commodity Exchange Limited (ICEX).
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