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Physical Rubber prices witness weakness on Friday

25 Jan 2020 Evaluate

Physical Rubber prices showed weakness on Friday, tracking the moderate losses in domestic futures and global markets. Further, lack of enquiries from the tyre sector too kept the commodity under pressure.

Spot prices for RSS-4 variety fell to Rs 137/ kg compared to its previous closing of Rs 137.50/ kg; the RSS-5 variety declined to Rs 132.50/ kg compared to its previous closing of Rs 133/ kg.