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MoneyWorks4Me

Physical Rubber prices witness improvement on Friday

01 Aug 2020 Evaluate

Physical Rubber prices showed improvement on Friday on account of improved demand from domestic buyers against ongoing supply crunch in the market.

Spot prices for RSS-4 variety gained to 131/ kg compared to its previous closing of Rs 130/ kg; while the RSS-5 variety jumped to 128/ kg compared to its previous closing of Rs 127/ kg.