Physical rubber prices improved on Saturday following the moderate gains in the future prices on NMCE. The market opened steady but covering buyers lifted the prices to the higher side, as there were no quantity sellers in the market.
Spot prices for RSS-4 variety improved to Rs 152/ kg compared to its previous closing of Rs 150/ kg, while RSS-5 variety closed at Rs 149/ kg compared to its previous close of Rs 148/ kg.
In the futures market, contract of February delivery improved to Rs 151.25 compared to its previous closing of Rs 149.86, while March delivery closed at Rs 154.40 compared to its previous close of Rs 152.82 on the National Multi Commodity Exchange (NMCE).
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