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Physical Rubber prices remain unchanged on Wednesday

30 Dec 2021 Evaluate

Physical Rubber prices remained unchanged on Wednesday due to buyer resistance in the market following worries of accelerated spread of Omicron corona-virus variant. The Association of Natural Rubber Producing Countries (ANRPC) has said natural rubber prices will expected to gain in the short-term in the global market on impending seasonal short-supply and surging demand from China. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 162/ kg and Rs 159/ kg respectively.