Physical Rubber prices extended some weakness on Wednesday on account of sluggish demand from the tyre-makers, despite ongoing supply crunch in the market. Further, subdued outlook for crude oil prices at domestic as well as global markets in line with surging corona virus cases globally, too weighing on rubber prices.
Spot prices for RSS-4 variety fell to 134/ kg compared to its previous closing of Rs 134.50/ kg; while the RSS-5 variety remained unchanged at Rs 129/kg.
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