Physical Rubber prices witnessed some improvement on Tuesday, supported by firm demand for natural rubber with the recovery in sales of tyres. Although, rising worries over weak supplies and fast spreading of Delta variant virus in some parts of the world capped further gains on rubber prices. Spot prices for RSS-4 variety rose to Rs 167.50/ kg compared to its previous closing of Rs 167/ kg; while the RSS-5 variety remained unchanged at Rs 164.50/ kg.
In the futures market, August delivery lost to Rs 172 compared to its previous closing of Rs 172.38 on the Indian Commodity Exchange Limited (ICEX).
