Physical Rubber prices witnessed strength on Tuesday on increased demand from the consuming industries. Even though, reports showed India’s natural rubber production exceeded 800,000 tons for the first time in a decade.
Spot prices for RSS-4 variety rose to Rs 160/ kg compared to its previous closing of Rs 159.50/ kg; while the RSS-5 variety gained to Rs 156.50/ kg compared to its previous closing of Rs 156/ kg.