Physical rubber prices improved on Monday as the local market firmed up following overall gains in the domestic and international futures markets.
Spot prices for RSS-4 variety improved to Rs 154/kg compared to its previous closing of Rs 153/kg, while RSS-5 variety closed at Rs 144/kg compared to its previous closing of Rs 143/kg.
In the futures market, contract of December delivery firmed up to Rs 156.15 compared to its previous closing of Rs 154.82, while January delivery closed at Rs 158.19 compared to its previous closing of Rs 157.03 on the National Multi Commodity Exchange (NMCE).
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