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Physical Rubber prices witness strength on Monday

02 May 2023 Evaluate

Physical Rubber prices witnessed strength on Monday on account of improved demand from consuming industries. But looming global recession concerns capped gains. 

Spot prices for RSS-4 variety rose to Rs 153.50/ kg compared to its previous closing of Rs 153/ kg; while the RSS-5 variety gained to Rs 151/ kg compared to its previous closing of Rs 150.50/ kg.