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MoneyWorks4Me

Physical Rubber prices witness some weakness on Saturday

07 Sep 2020 Evaluate

Physical Rubber prices showed some weakness on Saturday as buyer resistance and lack of fresh enquiries from the tyre-makers dampened investors' sentiment. Though, ongoing supply crunch in the market capped its fall.

Spot prices for RSS-4 variety declined to 135.50/ kg compared to its previous closing of Rs 136/ kg; while the RSS-5 variety remained unchanged at Rs 132/kg.