MoneyWorks4Me

Physical Rubber prices remain unchanged on Saturday

12 Jun 2023 Evaluate

Physical Rubber prices remained unchanged on Saturday due to muted demand from consuming industries following concerns over economic slowdown globally. Meanwhile, reports showed that India’s natural rubber consumption increased to a record high of 13.5 lakh tons in the 2022-23 financial year. 

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 156/ kg and Rs 153/ kg respectively.