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 153.50/kg compared to its previous closing of Rs 152.50/kg, while RSS-5 variety closed at Rs 145/kg compared to its previous closing of Rs 144/kg.
In the futures market, contract of January delivery firmed up to Rs 158.75 compared to its previous closing of Rs 155.99, while February delivery closed at Rs 161.38 compared to its previous closing of Rs 158.44 on the National Multi Commodity Exchange (NMCE).
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