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Physical Rubber prices witness weakness on Monday

15 Sep 2020 Evaluate

Physical Rubber prices showed weakness on Monday on account of sluggish demand from tyre makers and domestic buyers. Further, improving weather conditions and tapping picking up in key growing areas also added pressure on rubber prices.

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 127.50/ kg compared to its previous closing of Rs 128/ kg.


 

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