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Physical Rubber prices witness weakness on Saturday

30 Sep 2019 Evaluate

Physical Rubber prices showed weakness on Saturday on account of rising imports followed by ongoing supply crunch in the market. Moreover, anticipation of a lag in arrivals in the coming season pressurized rubber rates.

Spot prices for RSS-4 variety declined to 125/ kg compared to its previous closing of Rs 125.50/ kg; while the RSS-5 variety fell to 122/ kg compared to its previous closing of Rs 122.50/ kg.

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