Physical Rubber prices remained unchanged on Wednesday as the global supply in June is up as farmers resumed tapping following the annual wintering of rubber trees, while concerns about the highly contagious delta variant of Covid-19 too adding pressure on rubber prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 166.50/ kg and Rs 163.50/ kg respectively.
In the futures market, July delivery gained Rs 172.70 compared to its previous closing of Rs 172.55 on the Indian Commodity Exchange Limited (ICEX).