Physical Rubber prices showed some improvement on Monday after a recent fall in prices. The Association of Natural Rubber Producing Countries said global consumption is expected to increase 2.6 percent on-year in August-October. Further, ongoing supply crunch in the market too supported rubber prices’ uptrend.
Spot prices for RSS-4 variety gained to 129.50/ kg compared to its previous closing of Rs 129/ kg; while the RSS-5 variety remained unchanged at Rs 125/kg.
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