Physical Rubber prices showed improvement on Thursday due to strong demand from domestic stockists, while decline in rubber imports also supported rubber prices’ uptrend. Spot prices for RSS-4 variety rose to Rs 132.50/ kg compared to its previous closing of Rs 132/ kg; while the RSS-5 variety jumped to 127/ kg compared to its previous closing of Rs 126.50/ kg.
In the futures market, February delivery lost to Rs 139.01 compared to its previous closing of Rs 139.30, on the Indian Commodity Exchange Limited (ICEX).