Physical rubber showed some uptrend on Wednesday on comparatively better demand in the market. However, a sharp increase in arrivals restricted the upside of rubber prices.
Spot prices for RSS-4 variety remained unchanged at Rs 151.50/kg, while RSS-5 variety improved to 142.50/kg compared to its previous closing of Rs 142/ kg.
In the futures market, contract of December delivery declined to Rs 152.40 compared to its previous close of Rs 152.84, while January delivery closed at Rs 154.40 compared to its previous closing of Rs 154.76 on the National Multi Commodity Exchange (NMCE).
