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MoneyWorks4Me

Physical Rubber prices witness weakness on Thursday

09 Aug 2019 Evaluate

Physical Rubber prices showed weakness on Thursday, pressured by expectations of rising supply in coming days against subdued demand from tyre makers.

Spot prices for RSS-4 variety declined to 145/ kg compared to its previous closing of Rs 145.50/ kg; while the RSS-5 variety fell to 142/ kg compared to its previous closing of Rs 142.50/ kg.