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Physical Rubber prices witness weakness on Friday

24 Aug 2019 Evaluate

Physical Rubber prices showed weakness on Friday, pressured by sluggish demand from tyre makers, while expectations of higher imports of the commodity too weighed on rubber prices.

Spot prices for RSS-4 variety declined to 140/ kg compared to its previous closing of Rs 141/ kg; while the RSS-5 variety fell to 136/ kg compared to its previous closing of Rs 137/ kg.

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