Physical Rubber prices remained unchanged on Wednesday following concerns over fast spreading Delta variant of the coronavirus in some parts of the world, while the Association of Natural Rubber Producing Countries (ANRPC) has projected a rise in the prices of natural rubber in the short term due to improved demand from China, India, US and Europe. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 170/ kg and Rs 168/ kg respectively.
In the futures market, August delivery lost to Rs 171.10 compared to its previous closing of Rs 171.30 on the Indian Commodity Exchange Limited (ICEX).