Physical Rubber prices witnessed some improvement on Monday due to an improved demand in the domestic market despite expectations of sharp improvement in production and arrivals in the days ahead. Spot prices for RSS-4 variety remained unchanged at Rs 169/ kg; while the RSS-5 variety gained to Rs 167/ kg compared to its previous closing of Rs 166.50/ kg.
In the futures market, October delivery gained to Rs 174.40 compared to its previous closing of Rs 174.35 on the Indian Commodity Exchange Limited (ICEX).
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