Physical rubber prices improved on Tuesday on the account of covering purchases as supply concerns continued to haunt the overall sentiments.
Spot prices for RSS-4 variety improved to Rs 198/kg compared to its previous closing of Rs 194/kg, while RSS-5 variety closed at Rs 190/kg compared to its previous closing of Rs 188/kg.
In the futures market, contract of August delivery weakened to Rs 191.35 compared to its previous closing of Rs 195.96, while September delivery closed at Rs 181.48 compared to its previous closing of Rs 185.60 on the National Multi Commodity Exchange (NMCE).
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