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Physical Rubber prices remain unchanged on Tuesday

16 Dec 2020 Evaluate

Physical Rubber prices remained unchanged on Tuesday, supported by expectations of economic recovery following rollouts of Covid-19 vaccines in major economies. Reports from Association of Natural Rubber Producing Countries (ANRPC) showing that India’s natural rubber consumption increases amidst fall in imports, too supported supported rubber prices. While, concerns over surging corona virus pandemic cases across the globe still kept the commodity under pressure.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 157/ kg and Rs 147/ kg respectively.

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