Physical Rubber prices extended gains on Monday, driven by tight global supply conditions and consistent procurement from the automotive and tire sectors. Moreover, higher operational costs for petroleum-derived synthetic products also supported the upward movement of natural rubber prices.
Spot prices for the RSS-4 variety gained to Rs 278/kg to its previous closing of Rs 276/kg; while the RSS-5 variety rose to Rs 273/kg to its previous closing of Rs 272/kg.