Physical Rubber prices extended firmness on Wednesday due to an improved domestic demand following lower output in Kerala, the country’s largest producer of the commodity. Spot prices for RSS-4 variety firmed up to Rs 170/ kg compared to its previous closing of Rs 169.50/ kg; while the RSS-5 variety gained to Rs 168/ kg compared to its previous closing of Rs 167.50/ kg.
In the futures market, October delivery fell to Rs 173.80 compared to its previous closing of Rs 174.37 on the Indian Commodity Exchange Limited (ICEX).
