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Physical Rubber prices witness weakness on Wednesday

17 Mar 2022 Evaluate
Physical Rubber prices witnessed weakness on Wednesday, pressured by the profit taking after the rates peaked on firm demand and stringent supplies from growing belts. Meanwhile, international rubber rates were almost unchanged with the stronger dollar.

Spot prices for RSS-4 variety settled at its previous closing of Rs 172.00/ kg higher from its previous closing of Rs.173.50/kg; while the RSS-5 variety settled at Rs 170.00/ kg its previous closing of Rs.171.00/kg.

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