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MoneyWorks4Me

Physical Rubber prices witness weakness on Tuesday

31 Jul 2019 Evaluate

Physical Rubber prices showed weakness on Tuesday on expectations of a rise in arrivals in the coming days amid subdued demand from tyre makers.

Spot prices for RSS-4 variety fell to 149.50/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety declined to 146.50/ kg compared to its previous closing of Rs 147/ kg.