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Physical Rubber prices witness weakness on Friday

17 Jun 2023 Evaluate

Physical Rubber prices witnessed weakness on Friday due to subdued demand from industrial users coupled with looming fears of economic slowdown globally.

Spot prices for RSS-4 variety fell to Rs 155/ kg compared to its previous closing of Rs 155.50/ kg; while the RSS-5 variety declined to Rs 152.50/ kg compared to its previous closing of Rs 153/ kg.