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Physical Rubber prices witness some improvement on Tuesday

30 Mar 2022 Evaluate

Physical Rubber prices witnessed some improvement on Tuesday due to steady increase in domestic demand, while rising crude oil prices also supporting the upside in rubber prices. But, most traders were unwilling to trade on rumours that there will not be any payment against fresh purchases and lifting of stocks till the end of the current financial year.

Spot prices for RSS-4 variety rose to Rs 174/ kg compared to its previous closing of Rs 173.50/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 171.50/ kg.

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