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MoneyWorks4Me

Physical Rubber prices witness improvement on Friday

02 Mar 2019 Evaluate

Physical Rubber prices showed improvement on Friday due to firm demand from domestic stockists and ongoing supply crunch in the market.

Spot prices for RSS-4 variety gained to 128/ kg compared to its previous closing of Rs 127/ kg; while the RSS-5 variety jumped to 123/ kg compared to its previous closing of Rs 122/ kg.