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Physical Rubber prices witness loss on Thursday

18 Feb 2022 Evaluate
Physical Rubber prices witnessed loss on Thursday, with the curtailed buying in the market due to weak demand and larger stock availability in the physical market followed by higher arrivals from producing belts. Besides, strong dollar and high borrowing costs also curtailed commodity buying. 

Spot prices for RSS-4 variety fell to Rs 160/ kg compared to its previous closing of Rs 161/ kg; while the RSS-5 variety declined to Rs 158/ kg compared to its previous closing of Rs 159/ kg.

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