Physical rubber prices improved further on Tuesday. Sentiments were catalyzed by a moderate recovery in domestic futures and the positive report from the global markets.
Spot prices for RSS-4 variety improved to Rs 163/ kg compared to its previous closing of Rs 161/ kg, while RSS-5 variety closed at Rs 159/ kg compared to its previous close of Rs 156/ kg.
In the futures market, contract of May delivery recovered to Rs 162 compared to its previous closing of Rs 160.47, while June delivery closed at Rs 161.40 compared to its previous closing of Rs 159.98 on the National Multi Commodity Exchange (NMCE).
