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Physical Rubber prices witness improvement on Saturday

26 Oct 2020 Evaluate

Physical Rubber prices witnessed improvement on Saturday, tracking firm sentiment in global markets, despite concerns over surging cases of Covid-19 worldwide. Further, improved domestic demand against lower arrivals also added support to rubber prices.

Spot prices for RSS-4 variety gained to Rs 149/ kg compared to its previous closing of Rs 148/ kg; while the RSS-5 variety jumped to Rs 145/ kg compared to its previous closing of Rs 144/ kg.