Physical Rubber prices improved on Monday as major manufacturers continued to sideline the market, but absence of genuine sellers kept prices firm, during closing hours.
Spot prices for RSS-4 variety improved to Rs 157.50 compared to its previous closing of Rs 156.50; while the RSS-5 variety closed at Rs 149 compared to its previous closing of Rs 148.50.
In the futures market, contract of November delivery improved to Rs 160 compared to its previous closing of Rs 157.03, while December delivery closed at Rs 161.12 compared to its previous closing of Rs 158.61 on the National Multi Commodity Exchange (NMCE).
