Physical rubber prices improved further on Thursday as sellers stayed back expecting the market to reach further highs.
Spot prices for RSS-4 variety improved to Rs 165/ kg compared to its previous closing of Rs 163.50/ kg, while RSS-5 variety closed at Rs 162/ kg compared to its previous closing of Rs 161/ kg.
In the futures market, contract of April delivery firmed up to Rs 166.80 compared to its previous close of Rs 166.08, while May delivery closed at Rs 169.87 compared to its previous closing of Rs 168.99 on the National Multi Commodity Exchange (NMCE).
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