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MoneyWorks4Me

Physical Rubber prices witness weakness on Saturday

17 Aug 2020 Evaluate

Physical Rubber prices showed weakness on Saturday amid easing demand at domestic spot markets, although ongoing supply crunch in the market capped its fall. Spot prices for RSS-4 variety declined to 133/ kg compared to its previous closing of Rs 133.50/ kg; while the RSS-5 variety fell to 129.50/ kg compared to its previous closing of Rs 130/ kg.