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MoneyWorks4Me

Physical Rubber prices witness strength on Friday

02 Jul 2022 Evaluate

Physical Rubber prices witnessed strength on Friday due to strong demand in the markets, even though concerns of a potential recession in the global markets capped the gains.

Spot prices for RSS-4 variety rose to Rs 179/ kg compared to its previous closing of Rs 178/ kg; while the RSS-5 variety gained to Rs 176.50/ kg compared to its previous closing of Rs 176/ kg.