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MoneyWorks4Me

Physical Rubber prices witness some improvement on Friday

17 Jul 2021 Evaluate

Physical Rubber prices witnessed some improvement on Friday, supported by strong demand from tyres. Although, fears of a resurgence of the pandemic around the globe capped further gains on rubber prices.

Spot prices for RSS-4 variety rose to Rs 169.50/ kg compared to its previous closing of Rs 169/ kg; while the RSS-5 variety remained unchanged at Rs 166.50/ kg.