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Physical Rubber prices witness weakness on Wednesday

15 Dec 2022 Evaluate
Physical Rubber prices witnessed weakness on Wednesday due to sluggish demand globally, along with growing worries over surging Covid-19 cases in China and a potential global recession.

Spot prices for RSS-4 variety declined to Rs 141.50/ kg compared to its previous closing of Rs 142/ kg; while the RSS-5 variety fell to Rs 138.50/ kg compared to its previous closing of Rs 139/ kg.