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Physical Rubber prices witness weakness on Thursday

02 Aug 2019 Evaluate

Physical Rubber prices showed weakness on Thursday, driven by expectations of a rise in supply against subdued demand from tyre makers.

Spot prices for RSS-4 variety declined to 148/ kg compared to its previous closing of Rs 148.50/ kg; while the RSS-5 variety fell to 145/ kg compared to its previous closing of Rs 145.50/ kg.

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