Physical rubber prices improved on Monday as inflow of the raw material hit the bottom line following the widespread rains all over the plantation areas.
Spot prices for RSS-4 variety improved to Rs 175.50/ kg compared to its previous closing of Rs 175/ kg, while RSS-5 variety closed at Rs 170.50/ kg compared to its previous closing of Rs 170/kg.
In the futures market, contract of July delivery improved to Rs 174.10 compared to its previous close of Rs 172.18, while August delivery closed at Rs 171.60 compared to its previous closing of Rs 169.39 on the National Multi Commodity Exchange (NMCE).
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