Physical Rubber prices witnessed some improvement on Thursday due to supply shortages in the market, even though ongoing lockdown restrictions in the Kerala state adding some pressure and capped further gains on rubber prices. Spot prices for RSS-4 variety remained unchanged at Rs 169.50/ kg; while the RSS-5 variety rose to Rs 167/ kg compared to its previous closing of Rs 166.50/ kg.
In the futures market, July delivery fell Rs 173 compared to its previous closing of Rs 173.42 on the Indian Commodity Exchange Limited (ICEX).
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