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Physical Rubber prices rule higher on Monday

17 May 2022 Evaluate
Physical Rubber prices ruled higher on Monday, due to uptick in physical demand and in line with the firm trend in overseas market amid increased buying from top buyer China. Additionally, supply crunch also fuelled the upward trend.

Spot prices for RSS-4 variety finished higher at Rs 171.50/kg from its previous closing of Rs 170.50/kg; while the RSS-5 variety finished higher at Rs 169.50/kg from its previous closing of Rs 168.50/kg.

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