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Physical Rubber prices witness improvement on Monday

20 Oct 2020 Evaluate

Physical Rubber prices showed improvement on Monday, tracking firm demand from global markets even as concerns over surging cases of Covid-19 around the globe continue to linger. Though, weakness in crude oil prices capped some gains on rubber prices.

Spot prices for RSS-4 variety gained to 140/ kg compared to its previous closing of Rs 138/ kg; while the RSS-5 variety jumped to 136/ kg compared to its previous closing of Rs 134/ kg.