Physical Rubber prices showed improvement on Wednesday on account of improved demand from domestic as well as overseas markets. Further, worries over ongoing supply crunch following lean production season of the commodity too supported rubber prices. Spot prices for RSS-4 variety gained to 129/ kg compared to its previous closing of Rs 128/ kg; while the RSS-5 variety jumped to 126/ kg compared to its previous closing of Rs 125/ kg.
In the futures market, August delivery was trading at Rs 131.68 compared to its previous close of Rs 131.16 on the Indian Commodity Exchange Limited (ICEX).
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