Physical Rubber prices witnessed strength on Wednesday due to improved demand from industrial buyers. Additional optimism came on reports that China reopening its borders to international visitors after three years of covid closure. This will strengthen the rubber demand.
Spot prices for RSS-4 variety rose to Rs 139/ kg compared to its previous closing of Rs 138/ kg; while the RSS-5 variety increased to Rs 136/ kg compared to its previous closing of Rs 135/ kg.
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