Physical rubber prices continued to rule steady on Tuesday, though the recent price improvement in natural rubber has brought some cheer for the planter community, as the majority feels that it is a positive trend that will boost production in the coming days. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 142 per kg and Rs 139 per kg respectively.
In the futures market, contract of July delivery flat at Rs 144.44 compared to its previous closing of Rs 144.43, while August delivery closed at Rs 137.63 compared to its previous closing of Rs 140.08 on the National Multi Commodity Exchange (NMCE).
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