Physical rubber prices improved on Wednesday as the traders were optimistic about the outcome of the Cabinet meeting which is expected to take measures on rubber procurement.
Spot prices for RSS-4 variety improved to Rs 146/ kg compared to its previous closing of Rs 145/ kg, while RSS-5 variety closed at Rs 144.50/ kg compared to its previous close of Rs 143/ kg.
In the futures market, contract of March delivery improved to Rs 147.40 compared to its previous closing of Rs 145.23, while April delivery closed at Rs 151.11 compared to its previous close of Rs 149.59 on the National Multi Commodity Exchange (NMCE).
