Physical rubber prices are not getting any respite and slipped further on Tuesday on the back of selling from dealers and growers, though domestic and international futures showed some recovery but the lack of quantity buyers restricted the upmove in spot markets and the volumes too remained moderate.
Spot prices for RSS-4 variety closed at Rs 218/kg compared to its previous closing of Rs 218.50/kg , while the RSS-5 variety closed at Rs 216/kg compared to its previous closing of Rs 216.50/kg.
In the futures market, the contract for June delivery for RSS-4 improved to Rs 218.99 compared to its previous closing of Rs 217.75, while the contract for July delivery closed at Rs 222.16 compared to its previous closing of Rs 221.43 on the National Multi Commodity Exchange.
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