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Physical Rubber prices witness strength on Wednesday

05 Jan 2023 Evaluate
Physical Rubber prices witnessed strength on Wednesday due to improved demand from industrial buyers. However, reports of spread of corona virus in China and fears of a global recession capped further gains in rubber prices.

Spot prices for RSS-4 variety gained to Rs 138/kg compared to its previous closing of Rs 137.50/kg; while the RSS-5 variety rose to Rs 134/ kg compared to its previous closing of Rs 133/ kg.