Physical rubber prices improved on Thursday due to better volumes in markets. Further, lower arrivals in the local trading houses too supported rubber prices uptrend.
Spot prices for RSS-4 variety improved to Rs 145.50/ kg compared to its previous closing of Rs 145/ kg, while RSS-5 variety closed at Rs 142.50/ kg compared to its previous close of Rs 142/ kg.
In the futures market, contract of June delivery firmed up to Rs 150.58 compared to its previous closing of Rs 148.57, while July delivery closed at Rs 151.75 compared to its previous close of Rs 149.63 on the National Multi Commodity Exchange (NMCE).
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