Physical rubber prices improved further on Wednesday following a better closing on the commodity futures market.
Spot prices for RSS-4 variety improved to Rs 171.50/ kg compared to its previous closing previous closing of Rs 171/ kg, while RSS-5 variety closed at Rs 168/ kg compared to its previous closing of Rs 167/ kg.
In the futures market, contract of June delivery increased to Rs 172.40 compared to its previous closing of Rs 170.10, while July delivery closed at Rs 171.51 compared to its previous closing of Rs 169.76 on the National Multi Commodity Exchange (NMCE).
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