Physical rubber prices gained strength on Wednesday following a better closing in the domestic and international futures.
Spot prices for RSS-4 variety improved to Rs 160/ kg compared to its previous closing of Rs 159/ kg, while RSS-5 variety closed at Rs 154/ kg compared to its previous closing of Rs 153/ kg.
In the futures market, contract of January delivery recovered to Rs 162.30 compared to its previous close of Rs 160.40, while February delivery closed at Rs 164.73 compared to its previous close of Rs 162.71 on the National Multi Commodity Exchange (NMCE).
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