Physical Rubber prices showed some improvement on Thursday

Physical Rubber prices made some improvement on Thursday. Spot prices for RSS-4 variety surged to Rs 113.00/ kg compared to its previous closing of Rs 112.50/ kg; while the RSS-5 variety jumped to 111/ kg compared to its previous closing of Rs 110.50/kg.

In the futures market, contract of October delivery improved to Rs 115.14 compared to its previous closing of Rs 114.50, while November delivery closed at Rs 114.91 compared to its previous close of Rs 114.08 on the National Multi Commodity Exchange (NMCE).