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Physical Rubber prices witness improvement on Tuesday

17 Nov 2021 Evaluate

Physical Rubber prices witnessed improvement on Tuesday due to fresh buying against lingering supply concerns in the market. Meanwhile, Indian Rubber Dealers Federation said heavy overnight rains continued to disrupt tapping and they expect a sharp drop in production in October compared to September.

Spot prices for RSS-4 variety gained to Rs 181/ kg compared to its previous closing of Rs 180/ kg; while the RSS-5 variety firmed to Rs 179/ kg compared to its previous closing of Rs 178/ kg.

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