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Physical Rubber prices witness weakness on Friday

05 Jun 2021 Evaluate

Physical Rubber prices witnessed weakness on Friday on account of demand worries following Covid-19 concerns in the market. Though, supply shortage issues have supported rubber prices to some extent.

Spot prices for RSS-4 variety declined to Rs 170/ kg compared to its previous closing of Rs 171/ kg; while the RSS-5 variety fell to Rs 166.50/ kg compared to its previous closing of Rs 167.50/ kg.