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Physical Rubber prices witness weakness on Wednesday

09 Mar 2023 Evaluate
Physical Rubber prices witnessed weakness on Wednesday due to lingering worries over interest rate hikes ahead. Looming recession fears also weighed on rubber prices. 

Spot prices for RSS-4 variety declined to Rs 144.50/ kg compared to its previous closing of Rs 145/kg; while the RSS-5 variety fell to Rs 141/ kg compared to its previous closing of Rs 141.50/ kg.