Physical rubber prices improved on Monday on increased buying demand from the consuming industries. Spot prices for RSS-4 variety surged to Rs 113/ kg compared to its previous closing of Rs 112.50/ kg; while the RSS-5 variety jumped to 109/ kg compared to its previous closing of Rs 108/kg.
In the futures market, contract of September delivery improved to Rs 116.20 compared to its previous closing of Rs 114.49, while October delivery closed at Rs 114.81 compared to its previous close of Rs 114.66 on the National Multi Commodity Exchange (NMCE)
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