Physical rubber prices improved on Monday

Physical rubber prices improved on Monday due to lower arrivals in the local trading houses. Spot prices for RSS-4 variety improved to Rs 150/ kg compared to its previous closing of Rs 148/ kg, while RSS-5 variety closed at Rs 146/ kg compared to its previous close of Rs 145.50/ kg. In the futures market, contract of June delivery increased to Rs 152.35 compared to its previous closing of Rs 150.17, while July delivery closed at Rs 153.53 compared to its previous close of Rs 151.75 on the National Multi Commodity Exchange (NMCE).