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Physical Rubber prices witness improvement on Monday

01 Dec 2020 Evaluate

Physical Rubber prices showed improvement on Monday due to firm demand from domestic buyers, despite caution over surging corona virus cases across the globe. Further, concerns over supply shortages globally too supported rubber prices.

Spot prices for RSS-4 variety gained to 163/ kg compared to its previous closing of Rs 161/ kg; while the RSS-5 variety jumped to 155/ kg compared to its previous closing of Rs 153.50/ kg.