Physical Rubber prices showed improvement on Thursday

Physical Rubber prices showed improvement on Thursday. Spot prices for RSS-4 variety improved to 94/ kg compared to its previous closing of Rs 93/ kg; while the RSS-5 variety jumped to 91/ kg compared to its previous closing of Rs 90/ kg.

In the futures market, contract of March delivery increased to Rs 98.02 compared to its previous closing of Rs 96.89, while April delivery closed at Rs 101.13 compared to its previous close of Rs 99.82 on the National Multi Commodity Exchange (NMCE).