Physical rubber prices improved on Monday due to lower arrivals in the local trading houses, though lack of fresh enquiries from tyre sector capped gains in rubber prices to some extent.
Spot prices for RSS-4 variety improved to Rs 145.50/ kg compared to its previous closing of Rs 144/ kg, while RSS-5 variety closed at Rs 141/ kg compared to its previous close of Rs 139/ kg.
In the futures market, contract of June delivery increased to Rs 143.61 compared to its previous closing of Rs 143.10, while July delivery closed at Rs 144.51 compared to its previous close of Rs 142.99 on the National Multi Commodity Exchange (NMCE).
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