Physical rubber prices remained firm on Thursday. The export possibilities following the widening gap between the domestic and international prices and the absence of sellers in the local market kept the commodity firm.
Spot prices for RSS-4 variety improved to Rs 164/ kg compared to its previous closing of Rs 162/ kg, while RSS-5 variety closed at Rs 158/ kg compared to its previous closing of Rs 157/ kg.
In the futures market, contract of January delivery increased to Rs 167.90 compared to its previous closing of Rs 166.04, while February delivery closed at Rs 170.60 compared to its previous closing of Rs 168.68 on the National Multi Commodity Exchange (NMCE).
