Physical Rubber prices witnessed improvement on Monday due to steady improvement in domestic demand against supply concerns following continuous rains in the major producing belts. Spot prices for RSS-4 variety gained to Rs 176/ kg compared to its previous closing of Rs 175/ kg; while the RSS-5 variety firmed to Rs 173/ kg compared to its previous closing of Rs 172/ kg.
In the futures market, November delivery lost to Rs 174.90 compared to its previous closing of Rs 175 on the Indian Commodity Exchange Limited (ICEX).
