Physical rubber prices declined on Tuesday on expectations of an improvement in arrivals within couple of weeks, following the resumption of tapping in major plantation areas.
Spot prices for RSS-4 variety declined to Rs 184/ kg compared to its previous closing of Rs 185/ kg, while RSS-5 variety closed at Rs 182/ kg compared to its previous close of Rs 183/ kg.
In the futures market, contract of September delivery dropped to Rs 175.52 compared to its previous closing of Rs 177.08, while October delivery closed at Rs 170.36 compared to its previous close of Rs 169.49 on the National Multi Commodity Exchange (NMCE).
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