Physical Rubber prices witnessed some improvement on Wednesday, tracking marginal recovery in Bangkok spot and domestic futures. Meanwhile, buyer resistance in the market added more pressure on the physical rubber prices.
Spot prices for RSS-4 variety remained unchanged at 159.50/kg; while the RSS-5 variety gained to Rs 154.50/kg compared to its previous closing of Rs 154/kg. In the futures market, March delivery lost to Rs 160.85 compared to its previous closing of Rs 161.59 on the Indian Commodity Exchange Limited (ICEX).
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