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Physical Rubber prices witness weakness on Tuesday

14 Dec 2022 Evaluate
Physical Rubber prices witnessed some weakness on Tuesday amid lower demand at domestic as well as overseas markets following growing worries over surging Covid-19 cases in China and a potential global recession.

Spot prices for RSS-4 variety declined to Rs 142/ kg compared to its previous closing of Rs 142.50/ kg; while the RSS-5 variety fell to Rs 139/ kg compared to its previous closing of Rs 139.50/ kg.

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