Physical Rubber prices witnessed some gains on Thursday amid tight global supply conditions. Meanwhile, surging crude oil prices increased the production costs of petroleum-based synthetic rubber and boosted up natural rubber demand. Rubber markets were closed on October 2 for Gandhi Jayanti.
Spot prices for the RSS-4 variety unchanged at its previous closing of Rs 280/kg; while the RSS-5 variety gained to Rs 275/kg to its previous closing of Rs 274/kg.