Physical rubber prices improved marginally on Saturday as the local market firmed up following overall gains in the domestic and international futures markets. Further, fresh enquiries from the rubber goods sector too supported uptrend in rubber prices.
Spot prices for RSS-4 variety remained unchanged at Rs 152.50/kg, while RSS-5 variety improved to 144/kg compared to its previous closing of Rs 143.50/ kg.
In the futures market, contract of December delivery recovered marginally to Rs 154.15 compared to its previous closing of Rs 153.95, while January delivery closed at Rs 156 compared to its previous closing of Rs 155.96 on the National Multi Commodity Exchange (NMCE).
