Physical Rubber prices witnessed strength on Monday buoyed by the rise in demand for the commodity from domestic as well as international markets. While data shows that Natural rubber consumption surged by 7.3% YoY in February.
Spot prices for RSS-4 variety rose to Rs 150.50/ kg compared to its previous closing of Rs150.00; while the RSS-5 variety rose to Rs 148.50/ kg compared to its previous closing of Rs 148/ kg.