Physical Rubber prices witnessed improvement on Saturday after increasing enquiries from the general rubber goods sector. Though, concerns over sharp increase in the number of Covid-19 cases in Kerala limited some gains.
Spot prices for RSS-4 variety rose to Rs 153/ kg compared to its previous closing of Rs 152.50/ kg; while the RSS-5 variety gained to Rs 149/ kg compared to its previous closing of Rs 148/ kg. In the futures market, March delivery lost to Rs 156.80 compared to its previous closing of Rs 157 on the Indian Commodity Exchange Limited (ICEX).