Physical Rubber prices showed some weakness on Wednesday, despite firmness in domestic futures. Further, lack of bulk buyers in the market following surging Covid-19 cases globally put pressure on rubber prices. Spot prices for RSS-4 variety fell to 151/ kg compared to its previous closing of Rs 151.50/ kg; while the RSS-5 variety remained unchanged at Rs 144/ kg.
In the futures market, February delivery gained to Rs 151.90 compared to its previous closing of Rs 150.94 on the Indian Commodity Exchange Limited (ICEX).