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MoneyWorks4Me

Physical Rubber prices witness weakness on Friday

24 Nov 2018 Evaluate

Physical Rubber extended weakness on Friday as tyre companies showed little interest in buying from the domestic market.

Spot prices for RSS-4 variety fell to Rs 118/ kg compared to its previous closing of Rs 118.50/ kg; while the RSS-5 variety declined to Rs 113/ kg compared to its previous closing of Rs 113.50/ kg.