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Physical Rubber prices extend gains on Thursday

10 Jun 2022 Evaluate

Physical Rubber prices extended gains on Thursday tracking the higher prices globally for rubber. Moreover, the Indian Rubber Board is officially launched the beta version of mRube, the e-trading platform for natural rubber to improve the marketing efficacy of supply chain.

Spot prices for RSS-4 variety rose to Rs 177.50/kg compared to its previous closing of Rs 176.50/ kg; while the RSS-5 variety gained to Rs 175/ kg compared to its previous closing of Rs 174/ kg.

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