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Physical Rubber prices witness improvement on Monday

08 Feb 2022 Evaluate

Physical Rubber prices witnessed some improvement on Monday due to lower production expectations for natural rubber below target in FY22. While, rubber industry has urged the government to correct the inverted duty structure on rubber products to minimize import and boost exports.

Spot prices for RSS-4 variety gained to Rs 166/ kg compared to its previous closing of Rs 165/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 163/ kg.

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