Physical Rubber prices showed improvement on Wednesday on supply concerns owing to widespread rains and covering purchases at lower levels. Spot prices for RSS-4 variety jumped to 134/ kg compared to its previous closing of Rs 133.50/ kg; while the RSS-5 variety climbed to 129.50/ kg compared to its previous closing of Rs 128.50/ kg.
In the futures market, contract of June delivery firmed up to Rs 135.25 compared to its previous closing of Rs 135.10, while July delivery closed at Rs 135.60 compared to its previous close of Rs 135.82 on the National Multi Commodity Exchange (NMCE).
