Physical Rubber prices showed firmness on Monday due to lower arrivals in the market. Rubber prices improved further on news that India may impose anti-dumping duty on imports of a certain type of rubber used in various industries. Spot prices for RSS-4 variety rose to 118/ kg compared to its previous closing of Rs 117.50/ kg; while the RSS-5 variety rose to 113/ kg compared to its previous closing of Rs 111/ kg.
In the futures market, June delivery gained to Rs 121.35 compared to its previous closing of Rs 121.13, on the Indian Commodity Exchange Limited (ICEX).