Physical Rubber prices remained unchanged for RSS-4 variety on Wednesday as traders remained on sidelines, while RSS-5 variety inched up amid concerns over lower production. Meanwhile, with more than 30,000 rubber products being made in the country and the demand for them increasing, Sawar Dhanania, president of the All India Rubber Industries Association said the State governments and the Centre should increase the area under natural rubber.
Spot prices for RSS-4 variety remained unchanged at Rs 162/ kg its previous close; while the RSS-5 variety rose to Rs 160.50/ kg compared to its previous closing of Rs 160/ kg.
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