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Physical Rubber prices witness firmness on Saturday

03 Jan 2022 Evaluate

Physical Rubber prices witnessed firmness on Saturday due to improved demand at domestic spot market. Although, increased tapping of trees and worries of accelerated spread of Omicron corona-virus variant capped further gains in rubber prices.

Spot prices for RSS-4 variety gained to Rs 165/ kg compared to its previous closing of Rs 164/ kg; while the RSS-5 variety rose to Rs 161/ kg compared to its previous closing of Rs 160/ kg.