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Physical Rubber prices witness improvement on Thursday

25 Feb 2022 Evaluate

Physical Rubber prices witnessed improvement on Thursday on concerns over lower production amid reports that India’s natural rubber production for FY2022 may fail to hit target of 800,000 tonnes.

Spot prices for RSS-4 variety gained to Rs 163.50/ kg compared to its previous closing of Rs 162/ kg; while the RSS-5 variety rose to Rs 161.50/ kg compared to its previous closing of Rs 160.50/ kg.

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