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Physical Rubber prices witness some strength on Thursday

04 Mar 2022 Evaluate
Physical Rubber prices witnessed some strength on Thursday, due to the enlarged position taking counting on woes over supply disruptions as against robust physical demand for natural rubber. Sanctions on Russia amid its invasion in Ukraine raised shipping issues.

Spot prices for RSS-4 variety rose to Rs 167.00 /kg compared to its previous closing of Rs 166.00/kg; while the RSS-5 variety climbed to Rs 165.00/kg compared to its previous closing of Rs 164.00/kg.

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