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Physical Rubber prices witness some weakness on Saturday

19 Sep 2022 Evaluate
Physical Rubber prices witnessed some weakness on Saturday amid tepid demand at domestic as well as overseas markets, while prospect of more interest rate hikes by the US Federal Reserve and fears of a global recession also adding pressure on rubber prices globally.

Spot prices for RSS-4 variety declined to Rs 149/ kg compared to its previous closing of Rs 150/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 145/ kg.

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