Physical Rubber prices witnessed improvement on Monday supported by firm demand at domestic spot market. Although, concerns about spreading of the highly contagious delta variant of Covid-19 adding some pressure and capped further gains on rubber prices. Spot prices for RSS-4 variety rose to Rs 170/ kg compared to its previous closing of Rs 169.50/ kg; while the RSS-5 variety gained to Rs 168/ kg compared to its previous closing of Rs 167.50/ kg.
In the futures market, August delivery fell to Rs 171 compared to its previous closing of Rs 171.57 on the Indian Commodity Exchange Limited (ICEX).