Physical Rubber prices witnessed strength on Friday amidst firm demand, while natural rubber production is expected to go down globally. However, some gains were limited by lingering worries over rate hikes ahead.
Spot prices for RSS-4 variety rose to Rs 144.50/ kg compared to its previous closing of Rs 144/ kg; while the RSS-5 variety gained to Rs 140.50/ kg compared to its previous closing of Rs 140/ kg.