Physical Rubber prices showed improvement on Tuesday on covering purchases at lower levels tracking the sharp recovery in domestic futures. Spot prices for RSS-4 variety jumped to 130/ kg compared to its previous closing of Rs 129/ kg; while the RSS-5 variety improved to 127/ kg compared to its previous closing of Rs 126/ kg.
In the futures market, contract of June delivery improved to Rs 131.88 compared to its previous closing of Rs 126.83, while July delivery closed at Rs 132.91 compared to its previous close of Rs 127.85 on the National Multi Commodity Exchange (NMCE).
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